This round of pullback is basically in place; falling below 110,000 would be considered healthy for this bull market! I mentioned earlier this month that it would drop below 110,000, and after Old Bao's speech, we even saw a rebound to around 117,000, all of which has been realized!

112,000-113,000 is an important resistance zone! If we can return to and stabilize above 110,000, we will need to see if we can break through this level! Whether we can break the new high will still depend on the situation around 118,000!

You can look for opportunities to start placing orders around 109,300 and 108,500, which are both good positions to enter; short-term target is 112,000! Long-term target is 118,000, and ultra-long-term target is a new high! #加密市场回调 #美联储降息预期