9.25 Bitcoin 110000 defense battle, is it a continuous decline or a lingering struggle?

Bitcoin started to decline from 2 AM today, ending yesterday's rebound, starting from 113900 and has dropped to around 111600, only a thin line away from the 110000 mark. Why did it drop so much today? Firstly, because U.S. Senate Democrat Elizabeth Warren called for an investigation into the overseas cryptocurrency transactions of the Trump family. Secondly, the U.S. Senate will hold a cryptocurrency tax hearing on October 1. Even though the probability of a 25% rate cut in October has reached 94.1%, the net inflow of Bitcoin spot ETF is 241 million dollars, which still hasn't stopped the downward trend. However, Bitcoin is still slightly better than Ethereum, which has already dropped below 4000. At least Bitcoin has maintained the 110000 mark; this is where the strength of the leader is showcased. How will Bitcoin move next? Will it directly break below 110000, or will it launch another attack? My view is: regardless of the technical aspect or market sentiment, breaking below 110000 should also be a matter of time. Shen Ce will arrange in real-time in the village. If you don't know how to step in, you can follow Shen Ce. The market may be simple, but not everyone can seize the opportunity. Stay steady, those who understand are already taking action, how about you? #加密市场回调 $BTC