The current Bitcoin is showing a sideways trend on the 4-hour level, with 110300 as the key watershed: if the price consistently holds above this support level, the smaller timeframe will continue to rebound, targeting the previous high of 111866. Once this level is broken, the upward momentum is expected to be released continuously; on the contrary, if it cannot break through 111866, the smaller timeframe may face a pullback adjustment.
If today's price breaks below the important support level of 110300, the 4-hour level will enter a correction mode. At that time, key support levels to watch below are around 109155, 107670, and 106100, which may become potential stopping points during the price decline.
Summary: 110300 is the core point for judging the direction of Bitcoin's 4-hour trend. If it holds steady, it indicates a bullish outlook; if it breaks, be cautious of the risk of a pullback. During an uptrend, pay attention to the resistance level of 111866, and during a downtrend, closely monitor the three support lines below. It is recommended to adjust strategies flexibly based on the gains and losses around this watershed.$BTC #BTC再创新高 #BTC走势分析