Today, Baiban has also completed its journey. Apart from the significant fluctuation in the morning from the 112897 line down to the 109219 line, the daily trend has not changed much. In the evening, the price finally broke through the 110000 support level and fell down to 109529, after which it rebounded. This rise also had some strength, with a drop of 1245 points space, followed by a pullback. We are also closely following and not overly optimistic, securing a space of 624 points. Although it is not much, it is stable. Old Cai has always adhered to the principle of one word - stability!

Bitcoin is still in a weak oscillation range, with the four-hour K-line alternating between bullish and bearish. The bearish strength still holds the upper hand. Although the MACD green bars have shortened, the trend remains below the zero axis, with limited rebound strength; the RSI has slightly rebounded from the oversold edge, and there may be a short-term correction, but the overall pattern has not fundamentally changed. The lower level of 108500 is a key support; once it breaks down, it may open a new round of decline. The upper range of 112000–113000 is a resistance zone, and only a breakout with volume can hope to reverse the weakness. At the current stage, remember not to blindly chase long positions; patiently wait for the breakthrough at key points. Following the trend is the way to profit. Our mindset remains unchanged, maintaining high short positions. #BTC走势分析 $BTC