After breaking the first support level in the morning, the pancake started to rebound. Today, the key level to watch for the rebound is 113800. Only if the price stabilizes above this level can the 1-2 hour level rebound be considered initiated. The resistance levels to pay attention to are around 114600, 115800, and 116800.
If the rebound does not reach 113800 today, it indicates that the rebound lacks strength. If it falls again afterward, first look at the previous low of 112500. Once this level is broken, the support levels to watch below are around 111860, 110520, and 109040. $BTC