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There are quite a few bearish people today, and now another pump is happening, with prices expected to reach new highs. There is still a wave of liquidation on the upper leverage, and it is anticipated that 113000 will continue to face pressure, after which it will be time to escape the peak.
The intraday target has once again been precisely reached, with bulls continuing to push higher. Bitcoin is currently recovering to around 112500, and there may be resistance around 113000 at most. Here, we can attempt a light position to take profits on Bitcoin. For the more aggressive traders, at the current price near 112500, enter a light long-term short position, setting the liquidation point above 118000 for positioning. Ethereum still has some room, so we are not entering short positions.