BTC daily level support has been broken and institutions have abandoned market protection, showing a relatively obvious big shark pattern, with the support level looking towards around 108k.

If it can drop to this position, it will be a significant opportunity to buy the dip. Holding until the end of the year, taking advantage of the small bull market brought by 2-3 interest rate cuts, BTC is very likely to reach the 130k-150k range.

Currently, we are looking at the double bottom pattern breakout, while also expecting a wave of market movement brought by the small shark pattern. Overnight pullback to the 112.3k-111.9k line for long positions, with targets at 113.6k, 114.6k, and 115.6k.