📊 BTC today's market analysis

Current Price: $116,178.59 💰
24h decline: -0.94% 📉
7-day decline: -2.16% 📉

Technical Analysis 🔍
The RSI indicator shows 47.06, close to the oversold area.
The price has fallen below multiple EMA lines, and the short-term trend is weak.
The Super Trend Indicator still shows a bullish signal, with support at $115,085.
The lower Bollinger Band support is about $114,590

Market sentiment 😰
The Fear and Greed Index is at 56, still in a "Greed" state.
In the past 24 hours, $589 million was liquidated, mainly from long positions.
The funding rate has turned negative, indicating bearish sentiment.

Key Resistance and Support 🎯
Key support: $115,085 (tested)
Secondary support: $112,000 (Matrixport predicted testing level)
Resistance level: $117,000-$118,000 range

Future trend prediction 🔮
In the short term, it may fluctuate in the range of $112,000-$120,000. Pay attention to the FOMC meeting on September 17, as policy expectations will affect the trend. It is advisable to operate cautiously and wait for clear breakthrough signals.
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