After the turning point, BTC has experienced a pullback of over 4000 points, completely in line with my thoughts yesterday. At the beginning of August, BTC fell and has already broken the support level of 114500. Overall, the downward channel has opened, with the bears in control. However, we can still try to aim for a Rebound near the support level below, and then proceed with a high bear distribution.
It is recommended to watch for a rebound around 113800-114300 below, with resistance at 115800, 116500, 117000, 117400, and 118300 above. Depending on the situation near the resistance above, y
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