BTC Rebound Major Wave 4:
110,653-98,115 = 12,538
12,538*0.5 = 6,269
12,538*0.618 = 7,748.484
12,538*0.786 = 9,854.868
98,115+6,269 = 104,384
98,115+7,748 = 105,863 (On Monday night, surged 6,500 points to break near 106,000)
98,115+9,854 = 107,969 (Last night broke near 108,050)
Currently, it has rebounded to the 0.786 position. Further upward movement is to 1.0. Equidistant rise. Therefore, if 108,000 holds, we will continue to look near the previous highs.
98,115+12,538 = 110,653 (If 108,000 holds, we will first see here at the breakthrough of the 110,000 mark).
112,000 remains the most important resistance level above in the near term. Only after breaking this will it move towards 114,000-115,000. If it cannot break through, we will still consider the previous highs and adopt a conservative approach. The end of the month is approaching, and a change in trend is expected in early July. Today is already Thursday, and there will be information on Thursday and Friday nights. The weekend is nearing the end of the month, and if a new high pushes up, long positions can gradually take profits, preparing for a short entry.