Key support remains at 115400, currently in a phase of consolidation.

Nightly update 😘

Mid-term direction remains unchanged:

As long as the daily line does not close below 116000, the overall structure is biased towards the upside. A breakout above 117500 would likely confirm the continuation of the trend.

Support zone: 115750 - 116250, consider trying to buy on dips.

Strong support: 114750 - 115250, the main force may raid liquidity.

Resistance zone: 119600 - 120600, be cautious of pullbacks after highs.

Strong resistance: 123800 - 124800, a region that may induce long positions at previous highs.

If you have already entered a long position at 115400, continue to hold.

If it breaks below 114500, this structure will be invalidated, and a stop loss must be set at $BTC