Recently, BTC has continuously declined from the high of 111959, currently at the end of a downward channel, with today's price nearing the support of the previously dense trading area. Although bulls are being suppressed, the low-level technical pattern shows signs of bottoming out, and a short-term rebound expectation exists.

Technical Logic Supports Long Positions:
BOLL Indicator: The lower support has been reached, and after breaking down, it has not increased in volume and continues to decline, allowing for a rebound space;
Moving Average System: The price has short-term deviated from all moving averages, indicating a need to retrace to the moving averages, especially EMA10 (approximately 101400) is the first short-term resistance;

Previous Low Support: The area around 100800 has been historically confirmed as a support zone multiple times and is expected to again be the starting point for an intraday rebound;