The crypto assets market continues to fluctuate, with BTC price facing a pressure test at the 112 level. Although the downtrend is evident, investors need not worry excessively. Major tokens such as Ethereum, BNB, and Solana still show strong market resilience, potentially providing buying opportunities for investors.

However, second-tier and small-sized crypto assets have begun to show signs of following BTC's fall. From a technical analysis perspective, BTC's key support level is in the 111-110 range, but it is likely to struggle to hold. 109588 may be a more important defense position.

Despite the overall downward trend in the market, a slight rebound may still occur. It is worth noting that in the face of strong market trends, traditional technical analysis support and resistance levels may lose their effectiveness. Unexpected major positive news may trigger a rapid reversal in the market, but such situations are difficult to predict.

For spot traders, it is crucial to follow market trends. Seizing rebound opportunities can lead to profits, but it requires careful operation. Once profits are made, it is very important to take profits and exit in a timely manner to avoid the risk of being trapped. In the current market environment, flexible trading strategies and risk management are particularly important.