The big pancake can be tried for long positions around 109700-110300

There is short support around 110500, and it is a major boundary line. If it breaks below 110000 and cannot close above it, then we can confidently go short. For now, we still have to gamble a bit on going long. Last night, a spike gave me a break-even loss on the long position at 112000. Fortunately, I made some profit; otherwise, it would have all been given back. I believe this wave of increase is not over yet. Could it be that last week's rise was just a false signal? Setting aside the complex entanglements and news factors, the last entry point for a long position is around 110000. If you enter, just set a thin defense! The target is around 115000. $BTC