#BTC Without a doubt, it is weak now.

But being overly bearish? That's also impossible~

--- The perspective of the wedge channel in the first image shows two touches at the lower boundary during the day, leading to rebounds, which can be considered as support appearing.

--- The overall structure is a channel, so try to trade from the channel perspective.

--- 116000 has faced resistance twice; if it cannot recover here, there's no point in discussing a stop in the decline, let alone a strengthening.

--- The channel is sloping down, which likely leads to acceleration, targeting 112000-110500.