The key watershed for the nighttime Bitcoin trend has been adjusted to 109880. If the price rebounds strongly and effectively stabilizes above 109880, bullish momentum will be confirmed, and the market is expected to continue its upward trend. Key resistance levels to watch above are 110550 and 111800; breaking through these may open further upward space. Conversely, if the rebound cannot stabilize above 109880, it indicates insufficient bullish strength, and the market is likely to continue a downward trend. Support levels to watch below are 108150, 107180, and 106000. If the key support is broken, it may trigger a new round of downward movement.
Summary: 109880 is the key watershed for the nighttime Bitcoin trend, determining the direction of future market movements. If it stabilizes above this level, bullish dominance can focus on upward pressure levels; if it cannot break through, the bearish trend will dominate, and one must be vigilant about the risk of breaking below support levels. Everyone needs to closely monitor the price and the contest around this watershed.
