9.9 Morning
The K-line chart has repeatedly shown patterns with long upper shadows, which not only visually confirms the strong pressure above but also suggests that a downward space has gradually opened during the pullback. The suppression effect of the key pressure area above is extremely significant, lacking momentum for a sustained upward breakthrough and expansion in the short term.
First Bitcoin resistance at 112300, looking at the range near 112800 and down to 111000-110500, if broken down, look at 109500.
Second Bitcoin resistance at 4330, looking at the range near 4380 and down to 4250, 4200, if broken down, look at 4150.
