The support for Bitcoin is near 116800, which is also the position of the middle Bollinger Band. If there is a spike, the extreme level is around 116500. As long as there is no effective drop below 116800, there isn't much of a problem. Overall, tomorrow we continue to look for a fluctuating upward trend. Currently, it is an overbought market, so do not easily short. Bitcoin is very likely to break the historical high in mid to late August because interest rates will definitely drop in September, with a probability exceeding 88%. This is a clear signal. So, has everyone noticed that recently Bitcoin has been reluctant to drop? If it falls a little, it won't be long before it gets pulled back up. The time spent at the bottom is very short!