👉$BTC Currently, it is in a situation where if it doesn't go up, it will come down here
Just stand here and wait, who knows where it will end up 😎
News will bring many fluctuations, everyone remember to manage your capital really well 😎
BTC is currently at 112.3k, after a strong recovery from the bottom of 110.7k.
• H1 frame: the price is hovering around EMA(7) ~112.1k, RSI ~67 → buying force is still quite strong.
• 4H frame: sideways in the range of 110.7k – 113.9k, green and red candles are fighting → the market is waiting for news to explode.
🔑 Areas to pay attention to:
• Support: 111.8k – 110.7k, losing this area easily brings it back to 109.8k.
• Resistance: 113.4k – 113.9k, if it can break through, then open a target of 114.5k – 115k.
👉 Overall, BTC is in a sideways position, hasn't broken the trend. The upcoming PPI news could be a catalyst for a two-way sweep before clearly choosing a direction.
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🎯 Scenario:
• Good news (PPI cools down) → BTC bounces to test 113.9k, if it passes, then aim for 114.5–115k.
• Bad news (PPI high) → it could easily be pushed back to 110.7k, if it breaks further then 109.8k is the next support point.
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💡 Final message: The market is extremely sensitive, everyone absolutely maintain discipline – no fomo, allocate capital reasonably, prioritize account safety.
