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The BTC daily chart rose from around 116450 yesterday to a high of around 119700, closing at around 117350. The support level is around 116000. If it breaks down, it could go to around MA30. A pullback can be used to enter long positions nearby. The resistance level is around 119000; if it breaks through, it could go to around 121000. A rebound can be used to enter short positions nearby. The MACD shows an increase in short positions. On the four-hour chart, the support is around MA90; if it breaks down, it could go to around MA120. A pullback can be used to enter long positions nearby. The resistance is around MA30; if it breaks through, it could go to around 119900. A rebound can be used to enter short positions nearby. The MACD is oscillating and stabilizing.