After BTC broke through the middle line of the channel, a certain rebound occurred this evening, targeting the area near the middle line. Due to the high spot premium still being at a high level, the overall market structure remains in a high-level range fluctuation pattern.

Regarding whether a double top pattern is currently forming, based on the current situation, its neckline position is at 112k. Once this price level is broken, the double top pattern can be confirmed.

Intra-day rebound pressure is at 116.7k-117.5k, and short positions should enter in this range, targeting 115.5k, 114.2k, and if broken, looking at 112.5k.