As long as BTC cannot hold above 110000, #GT2025第三季度销毁完成

The next target is to reach around 105000.
BTC has dropped to the first position I mentioned, around 107,000, as expected. So will the subsequent market drop further? First, we can see that after BTC reached 107,000, there was a rebound, but no obvious strong buying positions appeared, and the upward momentum is weak. The subsequent market does not look optimistic. Personally, I lean towards further decline. If it rebounds to around 110,000 without breaking through and holding above 110,000, a short position can be taken near 110,000, aiming for around 105,000. If it breaks below 105,000, it may go directly to 98,000.
So, if BTC is to continue its rebound, it must first hold above the key resistance level of 110000. If it holds above that, it may attempt to break through the positions of 113500 and 116000 later. However, the overall direction is still downward, and there has been no change in the larger trend. It is recommended that everyone focuses on short positions.