📊 BTC Current Trading Suggestions, Is This Correct?

Current Price Analysis: $111,394, 24-hour drop of 2.98%, 7-day drop of 3.25% 📉

Technical Signals:

• RSI dropped to 25.75, severely oversold condition ⚠️

• Price has fallen below all EMA moving averages, bearish trend established

• Super trend indicator shows continuous short signal

• Bollinger Band lower limit of $111,000 has been breached

Key Levels:

• Support: $111,000 (already broken) → $110,375

• Resistance: $112,310 → $113,400

Trading Suggestions:

🔴 Short-term: Wait for stabilization at $111,000 before lightly bottom-fishing

🟡 Medium-term: Mainly wait and see, enter again when RSI rebounds above 30

⚡ Stop Loss: Strictly set at $110,000

Risk Warning: Major whale selling pressure still exists, U.S. economic data will affect the trend. It is recommended to build positions in batches, controlling exposure to within 30% 🎯