BTC is currently on a downward trend, having broken through my last target level of 113800 from yesterday. It has now reached the support area around 112500. In the short term, this pullback is actually what I mentioned during the live broadcast as a daily level correction, so it is somewhat beyond expectations. Overall, the bearish trend remains dominant, and we can continue to keep an eye on the support situation at 112500. If there is a substantial break below, one can directly consider entering at the current price. If it does not break directly, we can look for a short position around 114500-113800 above. Continuing to look down, the next levels are 111800 and 110500. We will further observe the situation around the 110000 mark. If there is a substantial break below, we continue to look down to 109500, 118800, 118300, 117800, and 116800. Pay close attention to the 110000 mark. If we approach the target area below without breaking, we can attempt a reversal.