The pancake is still in a high-level fluctuation, with obvious selling pressure currently, after a significant pullback on the daily chart!

It is currently in a consolidation phase, requiring further observation of the overbought area. Overall, the long-term outlook still remains bullish.

The current price is not the right time for a position entry; it is advisable to pay attention to the support line at 109500 below, ambushing for an entry to speculate. In the short term, still looking at 112500-113500$BTC #比特币突破11万美元 .