#BTC #ETH At 112, you can start building long positions to bet on the bottom of the range. If a range-bound market is about to begin, this level is almost here. 1: 111 is the neckline on the daily chart. If it falls below and doesn't recover, it may enter a downtrend rather than a range-bound market. 2: Looking at the range-bound data, Bitcoin's long-short ratio has finally risen above 1.8, approaching 2. While holdings haven't decreased significantly overall, they have already fallen significantly in terms of range-bound market activity. Combined with the price drop, this is enough to support a range-bound market. 3: Large investors in the lending market have also begun to buy the dip, and the high positive premium on Big B Network has persisted for some time. Thus, based on the above data, unless a major downtrend forms, Bitcoin is nearing the bottom of its range-bound market.