
                                    <div>
                                      <h3>Market View</h3>
                                      <p>Bearish on BTC, failure to break above 113,500 may lead to a new bottom</p>
                                      <h3>Trading Strategy</h3>
                                      <p>Watch the 113,500 resistance; if not broken, consider shorting or waiting for lower support</p>
                                      <h3>Core Logic</h3>
                                      <p>Short-term holders are exiting, STH-RP is being retested, support and resistance zones are narrowing, and if BTC doesn't move up, it will likely search for a new bottom consensus</p>
                                    </div>
                                    

$113,500无法站上，是一个比较麻烦的事情。说明短期持有者解套就想跑…
再次考验STH-RP！其实也就2000美元的距离，并不是很遥远。支撑和阻力的区间已经收缩的越来越窄，没有多少腾挪的余地，如果不能往上就只能往下重新寻找底部共识。

Signal Square

BTC关键支撑与阻力位的博弈
本轮自10.8w起步的反弹，BTC最终还是没能站上$117,000。此前我们分析过，能否站上117将决定这是“强反弹”还是“弱反弹”。原因在于，这一位置对应整个筹码结构中最高的一根筹码柱，是最强阻力位，聚集了大量短期套牢盘。因此能否突破并企稳，正是市场短期信心的最好体现。  x.com/Murphychen888/…

Murphy

Twitter

Failing to break above $113,500 is a bit troubling — it shows short-term holders are eager to exit as soon as they break even.  
We’re once again testing the STH-RP level! Honestly, it’s just a $2,000 gap, not that far off. The support and resistance range is getting tighter and tighter, leaving little room to maneuver. If we can’t push higher, the only option is to head down and search for a new bottom consensus.

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