📌 BTC short-term analysis (September 19)

BTC encountered resistance after attempting to break through the 117,400 level today, and has since weakened continuously, with the current price retreating to the 116,600 area.

🔹 Technical Structure

Resistance above:
117,400 — 117,600 (short-term strong resistance)
If it breaks through, the target is 118,200—118,500

Support below:
First support: 116,500
Second support: 115,800 (previous low + moving average support)
Strong support: 115,200

K-line pattern: Currently operating below the moving average, short-term bearish pressure is relatively high.

🔹 Indicator signal

117,300 has already shown short-term bearish signals, and subsequently, the market indeed came under pressure.

The current signal remains weak. If it cannot quickly rise above the moving average, the probability of a downward fluctuation is greater.

🔹 Trading Logic

✅ Short-term short position: If it rebounds to 117,200—117,400 without breaking, a light short can be taken, targeting 116,500—116,000;
✅ Short-term long position: If the pullback to the 115,800—115,200 support is effective, you can accumulate in batches at lower prices, with a target above 117,000;
✅ Risk Control: Set stop loss at 300—500 points to avoid choppy market.

⚡ Summary:
BTC short-term pressure is evident, the overall rhythm is to short at highs and long at lows, operating in a range. Only by stabilizing above 117,600 can the upward space be reopened; otherwise, it is highly likely to continue oscillating in the 115,800—117,400 range.