The BTC small-scale trend is in a continuous decline on the bearish side, but the large-scale has reached support, reflecting on the market. The hourly and lower time frames may show a local bottom structure in the coming days.

As a medium to long-term indicator, the 12H support level can be well defended, allowing for longer positions. During the frequent fluctuations in the market, one can participate multiple times in operations that look long while trading short; however, if a breakdown occurs, one should exit on the first pullback and reserve space for lower entries.

Short-term support is at 109.1k-108.7k, and long positions can be entered here, targeting 111k, 111.7k, and 112.9k.