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BTC Evening Analysis
From the one-hour perspective, although it has opened up, the upward momentum is weak and it is beginning to prepare for a pullback. However, there is still plenty of space above on the four-hour chart, and it remains in a correction state.
Suggested operation: Short near 116500, if it continues to break down, look to go long around 113500 if it reaches near 114300.
If the long position cannot stabilize below the middle track of 114300 on the 4-hour chart, then look up to around 118600. The upper pressure is at 119500, and support is given at 112000.
From the one-hour perspective, although it has opened up, the upward momentum is weak and it is beginning to prepare for a pullback. However, there is still plenty of space above on the four-hour chart, and it remains in a correction state.
Suggested operation: Short near 116500, if it continues to break down, look to go long around 113500 if it reaches near 114300.
If the long position cannot stabilize below the middle track of 114300 on the 4-hour chart, then look up to around 118600. The upper pressure is at 119500, and support is given at 112000.
BTC-0.11%
