Noon Pancake
The BTC price has recently shown a range-bound trend, with a rebound in price, breaking above 113,000, indicating a certain strength in the market. However, it has not yet broken through the key resistance level, and no obvious upward trend has formed. Currently, the market sentiment is in favor of the bulls!
It is recommended to look for a pullback to around 110,500, with targets of 112,500 and 113,800; if broken, aim for 115,000!