September 3rd BTC Evening Analysis

After the rebound in BTC price, the DIF in the MACD indicator is starting to approach the DEA, and the strength of the red energy bars is also weakening. This indicates that the short-term buying pressure is diminishing, and the upward pressure above is becoming increasingly apparent. The previous price highs may block further increases.

Operational Suggestions

You can make a trade near 111800 and 112300, targeting first at 110500. If it continues to decline, then look for 109600.