Bitcoin has recently shown a trend of rising and then falling back, with the current key dividing line adjusted to the 109400 level. If the price retests this position overnight without breaking it, it means that the daily, 4-hour, and 1-hour charts are all maintaining a bullish pattern, and a continued upward trend is expected. Key resistance levels to watch above are 110700, 111300, and 112000. Conversely, if the price breaks below 109400, the 1-hour level will first initiate a correction, with support levels in succession at 108800, 108200, and 107500.
Summary: 109400 has become the core point determining the short-term trend of Bitcoin. If it holds, the bullish trend will continue to challenge the resistance above; if it breaks, it will trigger a 1-hour level correction to test the support below. Everyone can flexibly adjust their trading strategies based on this.
Operation suggestion: Short near 109700-110500, target 108000-106000.$BTC #BTC走势分析 
