[Market Analysis|BTC is still in a downward channel on the four-hour level, a rebound presents a short opportunity]


Currently, from the 4-hour chart, BTC is still in a downtrend overall, and the bearish sentiment has not yet been fully released. Old Yuan maintains a bearish view and suggests focusing on shorting during rebounds.
Key resistance level: 114000
Important support level: 111900
Strategically, you can wait for a rebound to the range of 113500-114000 to gradually position short orders, with an initial target at the 112000 level. If it effectively breaks down below support, you can continue to look for lower positions. The market is highly volatile, so it is recommended to operate with light positions and build positions in batches, and be sure to set stop losses. #加密市场反弹#
BTC-3.04%
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