🔻 [BTC Analysis - 4H Frame]

🕒 Updated at: 15:00 on 23/07

Current BTC price: $118,312

📉 Trend Overview

BTC is showing signs of weakening and leaning towards a short-term downtrend. If the price breaks the $117,000 support zone – the decline could be stronger. Investors should consider waiting for a clearer signal before opening a large position.

⏳ Monitoring scenario

Support zone: $117,000 – $115,500

Short-term resistance: $120,000

Suggested strategy: Wait for the support zone reaction, if broken, prioritize shorting with tight SL. If there is a strong reversal candle signal, consider long technical recovery.