The recent 4-hour K-line shows that the price has fallen sharply compared to 2025-07-17 00:00:00, has rebounded compared to 2025-07-15 20:00:00, and has declined compared to 2025-07-16 12:00:00, with a small bullish bar; the last K-line is a bearish line, and the closing price is less than the opening price.

The recent K-line shows trading volume: recent trading volume has decreased, trading volume is lower than in previous hours, and both price and trading volume are declining: the market is quiet, and trading is inactive.

Current technical indicators are as follows:
Based on MACD analysis of the current market trend: no obvious trend, MACD histogram: the histogram continues to be negative and gradually lengthens: strong bearish forces.
KDJ indicator: no KDJ golden cross and death cross, according to KDJ judgment: neutral KDJ value is: 79
Downtrend,


According to recent technical indicators, BOSS Wallet analysis points out:


Buy point one: price 118209.3 (close to MACD golden cross signal, technical buy.)

Buy point two: price 117202.6826

Long stop-loss point: price 115809.47

Sell point one: price 122124.28 (close to overbought area, technical bearish signal.)

Sell point two: price 123104.25

Short stop-loss point: price 123349.72

Recent support level: price 115370.0

Recent resistance level: price 121759.0

Recent highest point: 122736.04

Recent lowest point: 116391.43


Through the analysis of BTC's 4-hour K-line, the specific content is as follows:
According to recent technical indicators, BOSS Wallet analysis points out:


Buy point one: price 118209.3 (close to MACD golden cross signal, technical buy.)

Buy point two: price 117202.6826

Long stop-loss point: price 115809.47

Sell point one: price 122124.28 (close to overbought area, technical bearish signal.)

Sell point two: price 123104.25

Short stop-loss point: price 123349.72

Recent support level: price 115370.0

Recent resistance level: price 121759.0

Recent highest point: 122736.04

Recent lowest point: 116391.43