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#比特币生态逆势上涨# If the current market is in a consolidation phase and there is still significant upside potential in the future, then 111000 points will become a decisive level for short-term bull-bear reversal, and it absolutely must not be broken down again. This price level not only represents an important psychological defense line but also overlaps technically with the 100-day moving average. If it is confirmed to be lost, the market's next target area may fall back to the range of 106000-108000 points.
Even if the price retraces to the three-day moving average around 108,000 points, the support strength at that level is unlikely to continue functioning effectively, and the market is likely to continue moving downward in search of support near the weekly level of 98,000 points.
However, it is worth noting that once Bitcoin stabilizes and begins to rebound, high-quality alternative coins may exhibit stronger upward momentum. Investors should closely monitor two types of tokens: one type is projects supported by consortium funding, and the other type includes coins with ETF expectations, such as Solana, Litecoin, Dogecoin, etc. $BTC $ETH $SOL