The daily chart of BTC fell from a high of around 115050 yesterday to a low of around 112600, closing around 114050. The support level is near 112600; if it breaks down, it can be watched for around 111100. A pullback can be taken for long positions nearby. The resistance level is near MA14; if it breaks, it can be watched for around 117700. A rebound to nearby can be taken for short positions. The MACD shows a decrease in short positions. The four-hour chart shows support near 112900; if it breaks down, it can be watched for around 112000. A pullback can be taken for long positions nearby. The resistance level is around 114500; if it breaks, it can be watched for around MA200. A rebound to nearby can be taken for short positions. The MACD is oscillating and stabilizing, with the dual lines converging.

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