Afternoon BTC trading ideas:

The overall tendency is currently to adopt a bearish strategy. If the price cannot effectively break through the resistance level of $113,800 during the rebound process, or if there are signs of weakening upward momentum as it approaches this level—especially near $115,500 above (for example, forming an engulfing pattern followed by a downward breakout)—then consider lightly positioning for short positions. It is essential to control your position and avoid overtrading.

In terms of risk management, it is recommended to set a stop-loss above $116,000. If the price breaks through this level, exit promptly. The target can initially focus on around $111,200. If the price successfully reaches this area, further support can be looked at at $110,000. In terms of operation, it is advised to take profits in batches and remain flexible in response.
#btc BTC#web3