The sky won't fall, 117000 will still be reached, opportunity for long-term short positions, the CME gap still needs to be filled, the same goes for Ata, still believe in a rebound to the upper high point, regardless of where it falls, 4800 still needs to be reached.

The big pancake has closed the weekly line, 😀 this week the big pancake will once again drop below the low of 110680, then rebound up to around 117000, because there is a CME futures gap around 117000, 😊 so no matter how low it goes, the position of 117000 will definitely be reached again, which is also your chance to escape. The big pancake's weekly line has a double top, with an 80% probability that around 124500 will be a high point of this bull market, and it will be difficult to break through again later. If it directly drops to the range of 108400-107300, you can consider placing long positions in this range, and it will definitely go to around 107000 later. If it directly rebounds above 117000-119000, it's also a very good position to place short positions, as there is basically space for back and forth of nearly W points. #BTC走势分析
Upper resistance: 114400/117000
Lower support: 110400/109100