Good morning friends. 🌞

While the market is pulling back, let's take a look at the critical levels on the #Bitcoin side together. 👇

$BTC has lost its important support on the 4-hour chart. However, as long as it continues to protect the main critical area on the daily chart, which is 111.900$ , there is no major problem. Still, this 4-hour loss could take us down to the range of 112.000$ – 110.300$ .

Therefore, the first condition for a recovery is to see at least a 4-hour close above 115.900$ . Any rises before that would just be a pullback.

📌 What we call a pullback is essentially a short-term reaction buying that occurs in a falling market before it falls further. So think of it as a “breather,” but it does not mean a permanent reversal.

In summary: We are at a critical area, no panic, but every rise should be watched carefully until 115.900$ is broken.