btc Afternoon Thoughts
Support Level: 113,000 (Bull-Bear Divergence) → If lost, look down to 111,900 - $111,000.
109,000−107,200 (Strong Support Zone), if broken, may trigger a wave of long liquidations.
Resistance Level:
115,300−116,000 (Short-term Ceiling), only after breaking can upward space open to $118,000.
118,000−120,000 (Psychological Barrier), selling pressure is lighter in this range, breaking through may accelerate upward movement.
Short Position Opportunity:
Open a light short when rebounding to 115,000−115,500 under pressure, stop loss at 118,000, target 111,000.
Long Position Opportunity:
Try long when the pullback stabilizes at 111,900−112,500 (Hammer Line/Bullish Line Recovery), stop loss at 111,000, target 115,000.
If there is a volume breakout at 116,000, chase long with a target of 118,000. $BTC
