On the technical level, the four-hour K-line chart shows a contraction in the running channel. The Bitcoin price encounters resistance and presents a high plateau, with the candlestick body releasing. The upper space is blocked, and the moving averages are declining, indicating an overall downward fluctuation. Currently, it is operating below the middle track position, and a short-term downward trend is expected to continue. The candlestick is pushing, and there is selling pressure on Bitcoin, making it difficult for a strong rally. Market sentiment is fluctuating. Therefore, the focus should be around the high plateau approach.

Bitcoin near 1️⃣1️⃣5️⃣6️⃣0️⃣0️⃣🈳, looking at 1️⃣1️⃣3️⃣0️⃣0️⃣0️⃣$BTC $ETH $SOL