BTC struggled to rebound in the early morning, with two consecutive upper wicks formed at the 117 position on the four-hour chart before directly pulling back, indicating significant selling pressure above.
If the weakness continues during the day, it is crucial to pay attention to the support at yesterday's low. If there are consecutive bearish closes, the 113-114 range below will become a key support zone, and a rebound at the intraday level may occur at that time.
The resistance above needs to observe the strength of the rebound: if it stabilizes and rebounds above 114.5, the short-term fluctuation range will be seen at 118-119; if it dips to 113-114 and then rises, 116-118 will form a new resistance zone. $BTC #BTC
