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Bitcoin fell below the $110,000 mark during the day, briefly touching a low of 107,925. The market has weakened again, currently consolidating around 110,000, with overall market conditions still relatively weak. In the short term, we are waiting for the market to recover.
Currently, focus on 110000 in the 4H. If it holds, it will test upwards at several positions: 111200-112500-113100. If it falls below, pay attention to the support rebounds at 109300-108500-107800.