The current state of the cryptocurrency market requires investors to remain highly vigilant and cautious. Bitcoin (BTC) has shown in recent trends that as long as its price does not fall below the key support level of $112,000, the overall market remains robust. Yesterday, BTC stopped falling around $112,600 and saw a rebound, indicating that the current decline is more like a healthy correction rather than a trend reversal.

In the coming days, the market may welcome a wave of rising prices, but this is based on the premise that BTC can hold the support level of $112,000. If the rise does occur, we can expect BTC to first challenge the resistance level of $116,000, and then likely make a move towards the $118,000 area.

However, investors need to keep a close eye on market trends, as the high volatility of the encryption currency market means that situations can change at any time. Closely monitoring the key position of $112,000 will be an important basis for judging short-term trends. At the same time, it is also necessary to consider changes in global macroeconomic factors and regulatory environments, all of which may have a significant impact on BTC prices.

Regardless, before making any investment decisions, comprehensive research and risk assessment should be conducted. The uncertainty of the encryption currency market requires investors to remain calm and rational at all times, avoiding excessive influence from short-term fluctuations.