Daily Market Analysis — BTC The mid-term bullish trend for BTC is still ongoing, but the larger timeframe is still in the accumulation phase. This requires the price to go through repeated movements to build a solid foundation for the next surge. Trading opportunities should primarily focus on a strategy of quick in-and-out low buys. For timeframes below 4H, the potential rebound height is limited, so avoid chasing. However, there is widespread support during downward movements, so no need to panic. Reference points are as follows: Short-term support: 114480~113630 (focus on long-term outlook while trading short-term). Second support: 112888~111940 (not within the current range but can slow down the decline; focus on long-term outlook while trading short-term). Short-term resistance is within the current range. Mid-to-short-term resistance: 117550~118510. BTC