Afternoon Thoughts:

Before the large pancake breaks, the daily line pullback will end if the low is not broken. A breakthrough of the resistance level at 115800 - 116800 will turn bullish. The expectation of interest rate cuts limits the decline; only if there are no rate cuts or delays this year could there be a significant drop; otherwise, it is a normal pullback.

It is recommended to buy near 113000 and 112500, with targets of 114800 and 115800. $BTC #降息期待