#参与创作者认证计划月领$10,000 #美联储如期降息25基点 #Gate跨所交易平台CrossEx上线 The rebound of Bitcoin yesterday ran around the 110k level as expected, but the reality of the weakening rebound strength cannot be ignored. The current price is hovering around 110,200 USD, and the market is facing a critical decision point. From a technical perspective, the upper resistance is slowly moving down, forming a barrier that is difficult to overcome. If the price cannot stabilize above 110,000 USD, it is likely to test the intraday support level again. On the short-term hourly chart, the rebound repair has not formed effective stabilization. The trend continues to oscillate along the five-day and ten-day moving averages, and currently is clearly constrained by the pressure of the thirty-day moving average. This technical formation indicates that market participants have significant divergence at the current price level. If there is no effective breakthrough and stabilization in this area, the likelihood of further price decline will increase. The current market volatility is relatively low, with intraday gains of less than a thousand points, forming a typical Bull vs Bear Battle situation. In this oscillating repair market, blindly chasing rising prices before an effective breakout carries significant risk. A prudent trading strategy should focus on counter-trend short orders, and only consider Light Position follow-up after a clear breakout. The key resistance area above is around 112,000, while the downward support focuses on the 108,200 level.