Yesterday, the daily chart of $BTC dropped from a high of around 118850 to a low of around 116350, closing at around 117200. The support level is around 116000; if it breaks, we can look towards the MA30 level. A pullback can be used to enter long positions nearby. The resistance level is around 119150; if it breaks, we can look towards 120900. A rebound to nearby levels can be used to enter short positions. The MACD shows a decrease in bullish momentum and indicates signs of a dead cross. On the four-hour chart, the support level is around 116800; if it breaks, we can look towards the MA90 level. A pullback can be used to enter long positions nearby. The MACD is oscillating and flattening, with the two lines converging.