Bitcoin Trend Analysis Today

Intraday Support: 110,600-111,400

Intraday Resistance: 112,700-113,300

Bitcoin has been trading in a narrow range over the weekend, with bulls and bears locked in a stalemate. Short-term momentum is gradually weakening, and the overall direction remains unclear. A direction will be determined after the amplitude narrows. Focus will be on whether resistance near 112,400 can be successfully broken. A pullback to the lower range could be a good opportunity to enter a short-term long position.

Intraday Trading Plan:

Enter a short-term long position if the price reaches 109,700-110,400.