BTC Weekend Trend Sharing
After a night of effort, Bitcoin has been struggling around the one thousand point mark. It seems that the market makers have also left their robots running and gone to rest, not doing any work.
Today's overall trend for Bitcoin remains weak, with daily line pressure not yet broken. Additionally, the current four-hour level is also breaking down and pulling back, so there are no bullish signs at the moment. As I've said before, brothers, be cautious about chasing highs. It's not that you're afraid of Bitcoin going up, but rather that you're worried about Bitcoin dropping down and bringing the entire altcoin market down with it.
The intraday rebound pressure for Bitcoin is at "115800". If the market wants to make a second push higher and turn bullish, it must at least break the "115800" pressure on the four-hour closing line for there to be a chance. The upper target pressure is looking at the range of "116800-117500", with defensive support at "118300". Please pay attention ⚠️ If the four-hour closing line cannot break through or rebound above the "115800" pressure, the market will look to pull back and test lower levels. The lower target support is at "114500, 113600, 112500". Before the pattern breaks out, it is recommended to wait near "112500" for the position.
