9.9 Morning
From the hourly candlestick chart observation, BTC price trend has repeatedly shown long upper shadow candlesticks, which typically indicate that the market is testing the upper pressure area, while reflecting that the bearish momentum is gradually releasing during the pullback process, and the downward space has been partially digested. As the market makes a healthy adjustment to the previous rebound gains, it is solidifying its foundation and accumulating further upward momentum. Especially after the price has tested the key support level of 112000 multiple times and stabilized, it highlights the strong buying support at this position, and a new round of rebound is expected to rely on this support, with the bullish pattern gradually consolidating.
Big pie can be around: 111300 - 111800, target 112500-113500
Auntie can be around: 4280 - 4220, target 4350-4420
