Bitcoin has fallen to the two key support points I mentioned before: around 112920 and 112250, and it is already oversold at the 4-hour level, which may indicate a demand for a rebound.
Next, we need to focus on the strength of the rebound, as this will directly determine how to operate going forward.
If the rebound is strong, the price may follow the path indicated by the yellow dashed line, first experiencing a decent rebound, then waiting for a pullback to find an opportunity to enter;
If the rebound is weak, as shown by the red dashed line, the highs and lows will continue to move downward, making future operations more difficult, so caution is required.
Lastly, to be honest: we are still in a consolidation phase, so don't expect a big trend; we can only make a little money, so don't be greedy!
The 10x opportunity has already appeared, I have bottomed out! While you all are still doubting the authenticity, I have already gone all in. Although the villa is not yet by the sea, I hope this time it can come true.
