From the 1-hour K-line of Bitcoin, when the price is near the 110800 level, it stopped the downward trend and subsequently started to rebound. As for the current situation, the support below is quite strong, and the previous sharp decline did not break through it. Therefore, the overall trading strategy for this morning remains unchanged, which is to choose to go long when there is a pullback.

The trading suggestion is;

To go long when Bitcoin is around 110700-111200, with a target looking towards 113800$BTC .