Today, BTC touched the support level around 116 but did not break it, quickly rebounding to around 118. However, considering the timing this week, it is likely that the 116 support will be broken, with a subsequent drop expected to the 113-114 range.

Yesterday, the market was pressed down near the 119-120 resistance zone, and today it tested the 116 support again before rebounding to 118, indicating fierce competition between bulls and bears in the short term. Today, pay attention to the resistance near 118; if the rebound lacks strength and breaks below 116, the target could be the 114-115 range.

In terms of operations, if the rebound approaches 118, consider a light short position; if it breaks below 116, look for a move to 114-115; if it unexpectedly stabilizes above 118, then it's time to withdraw! $BTC #GENIUS稳定币法案