Large Pancake MACD Histogram: The histogram remains positive and gradually shortens: the strength of the bulls is weakening. The KDJ value is 101, indicating severe overbought conditions. The 4-hour moving average is operating at the key support level of 118000, which may limit the downside potential, and the middle line of the Bollinger Bands is also at the 118000 level. This suggests that if 11800 is lost, it will further test the bottom support.

Buy around 118000 to 119000, look for a break at 121000 to target 122000$BTC #BTC重返12万 .