The positive news from $BTC has not led to a reversal; instead, it broke the 112000 level before the US stock market even opened. I personally feel that the probability of continuing to create lower lows is still quite high. If you want to gamble on a rebound during a downtrend, I suggest choosing '二饼' (two cakes), as '大饼' (big cake) is more focused on shorting.

However, it should be mentioned that '大饼' does indeed have support around 110500, and entering now doesn't leave much room, so it’s better to wait for 112000 to see if there’s an entry opportunity. Alternatively, if it closes below 110500, look for shorting opportunities.

Recently, I’ve had an insight that I’d like to share. To excel in trading, one can only refer to others’ thoughts; copying someone else’s trades is very difficult to achieve because everyone is unique.