The adjustment of the big pie market watershed is as follows:

- Key support level: Focus on the 108200 level. If during the pullback of the 1 - 2 hour candlestick, this position is not effectively broken (the closing price must be above 108200), then the short-term 1 - 2 hour level is still in a rebound structure. It may later challenge resistance levels such as 109500, 110800, and 111650, and breaking through these points is expected to further open up upward space.

- Trend reversal signal: Once the closing entity of the 1 - 2 hour level falls below 109200, and subsequently fails to regain that price level, it means that the current rebound is likely to end, and the price will enter a downward trend. The support levels below look sequentially at 107800, 107000, and 106300. Falling below key support levels may trigger further declines.

Summary: 108200 and 109200 are the core watershed levels for the big pie night market. Holding above 108200 can extend the rebound, and attention should be paid to breaking the pressure above; if it falls below 109200, the rebound will end, and downward risk must be guarded against. It is recommended to closely monitor the relationship between the closing prices of 1 - 2 hour candlesticks and the watershed to judge market trends and reasonably plan trading strategies.$BTC #BTC走势分析