From the daily perspective, Bitcoin is much weaker than Ethereum, having recorded three consecutive bearish candles and is in a downward fluctuation.

The lower support at 110,000 is the last support in the short term:

- If it holds, there is a high probability of a rebound, which could push towards the resistance level of 114,000;

- If it doesn't hold, the trend will worsen, and the adjustment period will be longer.

Hope it can withstand the 110,000 level. $BTC