Bitcoin (BTC) recent market performance has attracted investors' attention. Technical Analysis indicates that BTC is currently facing several key resistance levels at 113043, 113904, and 114408. These resistance levels may limit the pump potential of BTC in the short term.

At the same time, the important intraday support levels are at 112376 and 11770. If these support levels are broken, it could trigger further declines, potentially down to 110653 and 110253, and in extreme cases, it may even test the 106486 level.

From the market trend, BTC is currently in a rebound logic on the 36-hour zero axis, with the bottom shape showing a 15-minute rebound characteristic within the 4-hour cycle. However, if it breaks below the current low support of 119, it may trigger an accelerated downward trend, and investors need to remain vigilant.

From a longer-term perspective, the overall market trend still leans towards bearish. The daily chart is about to show a downward trend, with divergence appearing at the 2-day high, and these technical indicators all suggest that the market may face correction pressure.

Given the current market conditions, it is recommended that investors closely follow the performance of key support levels and manage risks effectively. At the same time, be alert to potential rebound opportunities from overselling. In this uncertain market environment, it is crucial to remain calm and rational.