Short-term Trading Reference for Bitcoin

Key support level to focus on for short-term Bitcoin trading is 114. If this level is breached, the gains from the previous rise may be retraced, and there is a high probability of returning to the initial rise point, necessitating caution against the risk of trend reversal.

At the same time, note that 1116 is not a traditional integer support level and should not be viewed as a solid bottom; further declines should be guarded against if support at this position fails.

For resistance above, watch 117. If this resistance zone can be successfully broken, short-term upward potential will be opened, and subsequent trends are expected to be smoother.

If the upward trend after the breakout can continue, based on the current pace, it is highly probable to hit above 136 within a month. In terms of operations, adjustments should be made flexibly in conjunction with support and resistance levels, and timely entry and exit opportunities should be captured.$BTC $WCT @WalletConnect #WalletConnect