Brothers, today I want to talk to everyone about the market and trading ideas for Bitcoin, hoping to provide some reference for you～

Currently, BTC is oscillating around $113,000, with three consecutive days of bearish candlesticks on the daily chart. In the short term, the bearish momentum seems a bit more pronounced. On the technical side, the MACD green bars are still expanding, but the RSI has fallen below 30, entering the oversold zone, which also presents a possibility for a small rebound; on the 4-hour chart, the $114,000-$114,500 range has shifted from support to resistance, so we need to pay close attention.

The key positions are quite clear: $114,000-$114,500 is resistance; if it breaks through, it may strengthen; $112,000 is the intraday support, and if it cannot hold, we can look at $111,500-$110,500.

In terms of market sentiment, everyone is being a bit cautious; the thoughts of the whales on long and short positions are somewhat different, coupled with lighter trading volume, we need to be more vigilant about sudden fluctuations.

Finally, let’s talk about Morning Brother’s trading ideas for today. There could be shorting opportunities in the $113,600-$114,100 range, with a target around $112,600-$112,000. Of course, be sure to set good stop-loss orders to give yourself more security, after all, the market changes quickly, and stability is the most important～#BTC