Evening Bitcoin (BTC) Brief Analysis and Strategy

Current Situation: Price is in a consolidation phase, short term is weak.

Key Levels:

Support at 114,200–113,460

Resistance at 115,488–116,800, especially 118,400–118,600 is a stronger resistance area

Trading Suggestions:

Buy Point: If the price dips to the support area (around 114,200) and shows a reversal signal (such as a tail pullback or reversal candlestick), you can enter with a small position, targeting 115,488 or 116,800, and do not chase high before confirming the upper resistance.

Chase Point: If it breaks above 116,800 and holds, the trend may strengthen, and you can add a small position on the dips.

Short Position Opportunity: If the price rises to the range of 118,400–118,600 but fails to break through and shows a rejection structure (such as a breakdown or large bearish candle), consider going short, targeting a drop back to near the support area.

In summary: If support is steady, be patient and buy on dips; if it breaks above the resistance, you can chase long, otherwise be cautious about shorting at high levels. For those who don’t understand the trend direction, the teacher shares directional strategies daily, so pay more attention! #BTC #BTC走势分析 #BTC🔥🔥🔥🔥🔥 #加密市场回调 #中国投资者涌向印尼