After BTC fell below the middle band of the channel, a certain rebound occurred this evening, with the target pointing near the middle band; due to the spot premium still being at a high level, the overall market data structure continues to show a high-level range oscillation pattern.



Regarding whether a double top pattern is currently forming, based on the current situation, its neckline is at 112k. Once this price level is broken, the double top pattern can be confirmed.

Intraday Rebound resistance 116.7k-117.5k, short positions enter in this range, targets 115.5k, 114.2k, break below look at 112.5k.
BTC0.37%
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