This week, BTC has pulled back nearly 10,000 points from its high, which seems like a huge drop, but for trend trading, it still falls within the range of a normal correction. The current price is testing key support in the 112-113 range,
let's see if there is a rebound, as according to previous trends, there should be a small rebound to around 116 before starting to decline again. However, given the current momentum, there may not be a strong rebound,
key resistance to watch is in the 115-116 range, which is the ideal entry point for trend short positions and may also be the starting point for a new round of decline.
But whether it can reach that point is uncertain. If the rebound lacks strength, there is a high probability of breaking below the 110,000 mark next week, with the first target looking at 107, and in extreme conditions, it could extend to the 102-107 range. $BTC #美国加征关税