$BTC 😁 Since the pancake filled the gap below 113000, it has been in a fluctuating trend, with daily fluctuations of about 2000 dollars. The rebound has not been very strong. Yesterday, it again tested the demand zone near 112600 on the 4H chart, forming a larger engulfing candle. As long as it does not break through the position of 115700, we still need to be cautious of another test near 112000. If it breaks below 111900 and quickly recovers, forming a 4H bottom divergence, there is an 80% probability of a strong rebound, at least reaching the position around 118000-120000. If it directly breaks through the position of 115700, it will also create a perfect bearish bat pattern with an expected position of 118100. Therefore, regardless of whether it hits the low point or not, there will be a strong rebound in the subsequent market. This is also why I guided everyone to go long near 113100 in the live broadcast yesterday.

☀️ Intraday focus on upper resistance: 115000/116200

Lower support: 112800/111800