The hourly chart has broken through the support of the MA144 and MA169 moving averages, indicating a bearish trend. In the MACD indicator, the green bars are continuing to expand, and the bearish momentum is increasing. The key support level is at 117050; if it is lost, a faster decline may occur.



Personal opinion, for reference only:
The range for Bitcoin is 118000-118500, with a target of 117000 and 115800.
Auntie 3700-3730 range, target 3630, 3550
BTC-0.54%
ETH-1.08%
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