The market is currently in a consolidation phase after a high pullback.
The upper pressure is obvious, and the short-term trend is weak.
Before a volume breakout of the key resistance level,
we should treat it with a consolidation mindset.
Focus on the strength of the support area below.
If it breaks the support, the pullback may deepen.
For intraday operations, choosing high shorts will be more prudent.
BTCUSDT
Perp
87,762.9
-2.70%