Sunday BTC evening thoughts



BTC has formed a slight rebound on the 4-hour level, but overall it remains in a weak consolidation within a downward trend. The technical indicator MACD shows that in the 4-hour cycle, both the DIF and DEA averages are gradually declining, and the histogram continues to be negative, indicating a dominant bearish strength; however, there are signs of volume contraction in the short term, which may lead to a phase of oscillation and repair.
Operation suggestions:
Short BTC near 111800-112500, target 110500-109800 #BTC#
BTC1.07%
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