Analysis of BTC in the early morning of September 8

From the 4-hour perspective of BTC, the price faced strong pressure at 111300, leading to a downward correction. It then received support from the middle band of the Bollinger Bands. After all, it has been oscillating within this range, and we still maintain a bullish overall trend. We will continue to observe the breakthrough of key points, and we will enter the market accordingly. We still hold the morning's bullish outlook, paying close attention to the resistance level at 111300 and the breakthrough of the support level at 110800.
Bullish on the range of 111000-110700 for BTC, target around 112400;