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The daily chart of BTC rose from around 118150 yesterday to a high of around 120250, closing near 120100. The support level is located near MA30; if it breaks down, we can look towards around 115000. A pullback can be used to enter long positions in the vicinity. The resistance level is around 121000; if it breaks through, we can look towards the previous high. A rebound in the vicinity can be used to enter short positions. The MACD shows an increase in long positions. On the four-hour chart, the support level is near MA30; if it breaks down, we can look towards MA200. A pullback can be used to enter long positions. The MACD shows an increase in short positions.