BTC Technical Analysis

Trend Structure: Currently in the adjustment phase after breaking out of a high-level range. The key resistance above is at 116K (previous range bottom), and the strong support below is at 110K (the starting point of the rise in early July). Recently tested 115.5K multiple times before retreating, indicating strong resistance at 116K, with insufficient rebound volume and weak bullish confidence in the market.

Short-term Trend: 4-hour level: After a high of 115.5K during the US trading session, it retreated, forming three consecutive bearish candles. This morning, there was a slight rebound testing the short-term support at 114K.

If the rebound cannot break through the resistance zone of 115-115.8K, the bearish oscillation pattern will remain. If it breaks below 113.5K, it may accelerate the decline to the support zone of 112.5-110K.

Operational Strategy:

Upper Resistance Zone (115-115.8K): If the rebound is under pressure, look for short opportunities.

Lower Support Zone (113.5-112.5K): If stable, consider short-term rebound trading; if it breaks, pay attention to the key support at 110K. #比特币流动性危机 #ETH巨鲸增持 #美国加征关税

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