9.16$BTC Morning Thoughts:
In the 1-hour chart of Bitcoin, the 117000 line has been tested multiple times, but it has never effectively broken through, resembling a barrier that is difficult to overcome, causing the price to repeatedly face pressure and retreat. The upward momentum has yet to be released, and the trend is stuck in a stalemate of high-level fluctuations and pullbacks. The bearish forces are still present, and the market sentiment is cautious.
Personal trading advice: Bitcoin can be entered around 115500-116000, with a target down to 114000, and if it breaks, look to 112800.
