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The daily chart of BTC fell from around 118750 yesterday to a low of around 115700, closing near 117800. The support level is near MA30; if it breaks, it could drop to around 114000. A pullback can be used to accumulate long positions nearby. The resistance level is near 119000; if it breaks, it could rise to around 120400. A rebound to nearby can be used to accumulate long positions. The MACD shows increasing short positions. On the four-hour chart, the support level is near 117350; if it breaks, it could drop to around 116400. A pullback can be used to accumulate long positions nearby. The resistance level is near 118900; if it breaks, it could rise to around 119850. A rebound to nearby can be used to accumulate short positions. The MACD is stabilizing and the two lines are converging.