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BTC broke key levels today! Bitcoin's 4-hour chart just closed below 113.5k (Monday's low), and the short positions test has been initiated. 110k is the lifeline - this is the 4-hour support level, and once it is lost, it may fill the gap from Friday.
The most critical point now: Powell is about to speak (in 1 hour), during this period, volatility is through the roof, and the technical analysis is basically ineffective, relying solely on policy. This morning, ARPA, BEL, and CELO have already been dropping.
Risk management comes first. The oscillation range on Monday is 113.5k-115.9k, don't be greedy, just stay steady to win.