The large pancake dropped to 112500 last night, and this morning it fluctuated slowly upwards, facing resistance in the 113700 area. The hourly chart showed a rebound after hitting the bottom, but the middle track is under pressure and fell back. In the short term, it still appears weak.

In the afternoon, first observe the pullback situation; if the key support below is not broken, then consider the next move.

Around 114000, target 113000; if it breaks down, look for 112000.$BTC