$BTC Market Update: Weak Rebound, Beware of Pullback!
Current Trend:
The rebound is too weak, and it gets smashed down as soon as it rises, overall still in a downward trend.
The key support below is at 112,000 USD; if it cannot hold, it may continue to fall.
Trading Strategy:
If it stabilizes around 112,000, consider betting on a rebound.
If it breaks below 112,000 with increased volume, it's time to run in the short term.
Note:
The last line of defense for the bulls is 112,000; once this level is broken, the time and space for adjustment may increase!