From the daily chart perspective, Bitcoin has been fluctuating between 104,000–116,000 over the past month, adjusting back and forth. Only by breaking and stabilizing above 116,000 can the trend return to the upward channel, marking the end of this round of correction. Otherwise, every rebound near MA60 will result in a pullback after a surge. In other words, every time it rises to around 116,000, don’t chase the rally to avoid getting trapped. #Bitcoin #BTC