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The daily chart of BTC fell from the highest near 117900 yesterday to the lowest near 116300, closing around 116400. The support level is near MA14; if it breaks down, we can look to MA60. A pullback can be used to enter long positions near this level. The resistance level is near 119100; if it breaks through, we can look to 121000. A rebound to this area can be used to enter short positions. MACD shows a decrease in short positions with signs of a golden cross pattern. In the four-hour chart, the support level is near MA14; if it breaks down, we can look to MA30. A pullback can be used to enter long positions near this level. The resistance level is near 119200; if it breaks through, we can look to 120000. A rebound to this area can be used to enter short positions. MACD shows an increase in long positions and has formed a golden cross.