BTC Market Analysis

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1) If it oscillates upwards here, it should test the resistance level of 114500 again, and a breakthrough is needed to continue the rebound towards the 1167 position.

2) The important resistance range for the 4-hour wave is above 118. If the price reaches this level, it could be a good opportunity to set up a long-term short position.

3) The previous high position between 110500-112000 is a key support level. If it breaks below, it will expand the downward level, and we will see BTC below 100,000.

It was regrettable that yesterday's order was off by 50 dollars.

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