Family, Brother Long is here to share some valuable insights again! Today, let's have a good chat about the current rise and fall trends of BTC. These insights are derived from Brother Long's latest market research, combined with professional technical analysis, definitely pure content, so everyone quickly likes and saves it!

First, let's look at the key price levels: the resistance level is focused on the daily Bollinger Band middle track at $115,800, and also the golden ratio 0.236 at $116,350. A breakthrough is needed for upward movement. The support level is at the golden ratio 0.786 at $112,850 (which has not been broken a few times), and the psychological defense line of $113,500 - $114,000. Losing this level may trigger a chain liquidation.

On the technical side, we need to pay attention: the daily Bollinger Band is narrowing, and the middle track of $115,800 is the focus of contention. The price has temporarily broken the upper track and then pulled back, so be careful of “bull traps.” Recently, there has been a divergence between price and volume; although the price is rising, the volume is decreasing. The MACD has improved but the trend remains unclear.

Finally, let’s talk about Brother Long’s operating advice today. Personally, I am quite firmly bearish. The current price of the big pie is around $115,000 - $115,500, and a short position can be considered, aiming for $114,000 - $112,500 first. However, I must remind everyone that investing in cryptocurrencies carries significant risks, and market fluctuations can occur at any time. Everyone must consider their own risk tolerance and make decisions cautiously! #BTC