The key level of $BTC has been broken.

In the first image, the descending trend line must be mentioned this time.

---115700 was resisted three times, and now the price has clearly recovered, which is a bullish move. Wait for the price to pull back to make a short-term long position; a break below must be stopped out.

---However, the larger trend line still looms overhead like dark clouds, and the price is below the descending trend line, so a bearish outlook is primary.

---On the right side, a long position needs to wait for the trend line to break upward; the large target after the break is 120500-120900. (Are you familiar with this?)

---Below, 112000 is the position with the highest cost-effectiveness for a low long; if this level is broken, the risk becomes a bit significant.