Can Bitcoin be bottomed out?
Currently, Bitcoin is synchronously experiencing a plunge, with Bitcoin at over 2000 points and Ethereum at over 200 points. The start of the new week has caught the bulls off guard. From the current technical structure, this weak downward trend has not yet ended. In the four-hour chart, a strong bearish candle has led to a downward movement in the overall structure. In the short term, there is support at 115000, but given the lack of rebound strength, it is only a matter of time before we break the short-term support. Therefore, do not try to bottom out at this time, continue to pay attention to the market's pullback situation, focusing on the range of 113000-112000$BTC .