Overnight, Bitcoin has dipped multiple times to the key support level of 112,000 USD, but has not formed an effective break below, indicating strong buying support at this position. Although the short-term rebound momentum is limited, 112,000 remains the current dividing line between bulls and bears.
The key path for the market is as follows: If the price continues to stabilize above 112000, maintain a bullish outlook, with the possibility of testing the upper resistance again; if it breaks this support with volume, the trend will turn bearish, and one should act accordingly.
Operation Suggest
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