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The MACD red bar turns green, DIF crosses below DEA, after the top divergence, the momentum releases, and the price is under pressure at the previous high of 118763. The key support below is at 115700. If it breaks down, it may continue to dip.
Personal opinion, for reference only:
BTC range consolidation between 118500-119000, target 117000, 115500.
Auntie 3850-3880 range dip, target 3750, 3680