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The market makers take a break over the weekend, and BTC also had a boring weekend with little fluctuation. The weekly line closed with a bullish line, remaining above 110,000. Although there was no engulfing pattern, it can still be considered a temporary stabilization of the falling trend.
The interest rate cut day is in ten days. Before that, there should be a small fluctuation and rebound to provide a better position. So there is no need to short at the current price. It seems that funds are flowing into altcoins, so it might be a good idea to shift attention a bit.
Intraday support 11.05W Intraday resistance 11.25W
#BTC