In the afternoon analysis, it was said that once the 112 needle is pushed down and retracted, one can enter the market, instantly pulling two thousand dollars, feeling great #BTC

The big pie reached the 112,000 position in the early morning, touching the previous historical high support-resistance exchange position. However, overall, the strength of the rebound is still quite weak.
Although this position has been mentioned many times, there were no orders placed yesterday. If any friends entered, they must set a stop loss. Once it falls below the 112 price and does not recover, the M-top structure breaking down may lead to a significant drop.
From a smaller timeframe perspective, the big pie has consistently broken support, retreated, faced resistance, and continued to decline, which is clearly a bearish trend. As for whether the 112 price can successfully rebound and change the bearish trend to bullish, it is unclear at this moment. We can observe whether the subsequent breakthrough of 1146 will hold up after a retest to change the trend. By that time, it will also be a right-side entry method for long positions.
One more thing is that I will not go long at this position. I will view the big pie with a pessimistic mindset, believing it will fall below the 112 price. However, after it breaks down, if there is a sharp recovery, forming a bottom reversal, it would be a good entry opportunity at that time. #BTC