In the big trend of BTC, this bottom pattern is very similar to around 2024.1.29. If it can stabilize at 112000, theoretically there will be an additional 30000 points of upward space. Therefore, the fourth adjustment cycle logic from 74600 has not been completed. If it were completed, 111950 would be the peak, leading to a major correction, but this has not happened. Therefore, from a reverse logic perspective, it is speculated that there is still a space of 30,000 points above BTC in the market for the second half of the year.
