Continue to fall or rebound? Confirming the level of adjustment is very important

If there is another drop today but does not break below 108s, and closes above 112, it should form a larger level bottom, higher than August 22, equivalent to June 22

If it does not continue to fall, it is also acceptable to form a bottom at 110680 this morning

Both of these situations can be seen as the completion of the pullback from the rise between June 22 and August 14

If it breaks below 108s (the probability is still relatively low), the target price below is at 105, in the 95-92 range, and the level of pullback will expand to a pullback of the entire rise from April to August

This week I expect the U.S. stock market to be bullish, so I tend to think that Bitcoin will touch the bottom and rebound tonight

The original plan was also to have a high point on Monday during the day - a pullback in the afternoon - and a phase bottom in the evening, but market makers smashed it down before everyone expected, and the pullback continued all day on Monday, so the point of interest is whether Bitcoin will follow the rise after the U.S. stock market opens in the evening, or if it will drop again and sweep down to 109

The only thing that needs to alert me is if it directly breaks below 108, then it will at least go to 105, and after rebounding at 105, it may continue to drop all the way to the 95-92 range