🔥🔥Important notice, those who follow should pay attention🔥🔥

- BTC dipped to a low of $115,992 (24-hour fall of 1.26%), the technical aspect shows an orderly descending channel, with rebound highs progressively lowering, and the bears clearly in control.
- Key support level: $115,000 (if breached intraday, may test $112,000); resistance level: $118,800.
I personally think there will first be a rebound to 117000, and then a short-term drop to 112000. It is advised that everyone reduce some positions to avoid risks. Those who are bold can wait for the rebound to 117000 before reducing positions, while those with a smaller appetite for risk can reduce some positions now to mitigate risk, mainly considering that the short-term bearish momentum needs to be exhausted. The rebound to 117000 requires the release of liquidity above. There will be a significant drop in the short term. It is also possible to see a spike down to 11000.