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BTC started to oscillate downwards after reaching a new high last week, breaking below the 120,000 mark in the early morning, probing near 119,600. The current short-term downward trend is clear, with highs gradually moving lower. The main strategy is to focus on counter-trend shorts, although there are also opportunities for short-term longs.
It is recommended to lay out short orders in the 22000-122500 range, and the target is to look at the 120000-119000 area.