#BTC

BTC Market Analysis:

The support level that has been emphasized for a long time is around 112k. As you can see, it indeed stopped falling at 112k and a nice rebound occurred, with the low dropping to around 112300 and the rebound peak being over 2000 points!

Unfortunately, during this wave, we couldn't enter long positions on Bitcoin, so we won't aggressively chase the rise here. Let's pay attention to the strength of the rebound; the short-term pressure is around 116800, which was previously support but has now turned into resistance!

For the recent positions in spot trading, just hold on. Remember, patience is key in spot trading. Don't rush to complete contracts, and don't expect to enter at the absolute bottom. Just lay out your strategy gradually!