As long as it doesn't stabilize above 115000, the downward trend will not reverse.

I have been quite busy recently, and my updates have been a bit slow. Sorry for the delay, brothers. Starting today, I will resume normal live broadcasts and posts to discuss the recent market conditions. To be honest, this market is relatively difficult to navigate, with sudden spikes and drops that can lead to fluctuating gains and losses, making it very uncomfortable for many. In fact, BTC is following a logic of oscillating upward within a range, but the rebounds are relatively weak, so the rises are quite sluggish, going up a little and then down a little. So, does this mean that the market is at its end? I don't think so!

Currently, although the market is oscillating upward, it is not strong. I believe that as long as it doesn't stabilize around the resistance level of 115000, the market will continue to test 108000, or even 105000. So, don't be too optimistic right now. If you want to short, consider placing short orders around the key position of 114000-115000, which is a major resistance level. If you want to long in an oscillating upward market, pay attention to the support around 112000.