BTC market is leaning towards a volatile downward trend, with the battle for the support level of $112,000 being a key turning point. Now, Yang Ge will discuss with you.

The 4-hour MACD shows that the fast and slow lines are below the zero axis, with green bars shortening but not reversing, indicating a short-term bearish volatility.

The current RSI value is 35.4, close to the oversold area (below 30), suggesting a possibility of rebound but not yet confirmed.

Trading volume continues to decrease, with a strong wait-and-see sentiment in the market; the price drop lacks volume support, requiring caution against a rebound.

The moving average system shows a bearish arrangement, with the 7-day and 30-day moving averages forming a death cross pointing downward.

In the derivatives market, bearish bets dominate, with an 80% probability of a decline to $111,000.

A giant whale has opened a 10x leverage BTC short position, with an average entry price of $115,705, increasing the risk of selling pressure.

Overall, the bearish atmosphere still dominates, but there are conflicting signals among indicators; the gain or loss at the $112,000 support level will dictate the subsequent direction. Yang Ge's operational advice focuses on high shorts, shorting around $113,800-$114,300, looking down to $112,800, and further to around $111,900.

The strategy will need adjustment if it breaks above $115,000. Set stop-loss according to your own situation #BTC走势分析 .