#非农就业数据来袭# Bitcoin strongly rebounded after dipping to the key support of $110,000 in the early morning, confirming the effectiveness of the solid support at this level. The current bottoming rebound pattern indicates that the short positions' momentum has been fully digested, and the buying power below is strong, laying a solid foundation for future rises.
The current coin price has successfully returned to around $111,100, indicating that the short-term downward structure has been broken, and the market momentum has completed the switch from short positions to long. Bulls have regained t