Bitcoin has shown incredible resilience at the key support level of $112,000. Despite the frequent market fluctuations in the short term, this price level has successfully withstood downward pressure multiple times, demonstrating strong support.

The overall market trend is still showing an upward tendency, and the current pullback may just be building momentum for the next round of increases. Investors should not be misled by short-term fluctuations, but should maintain focus on the long-term trend.

The current market environment offers investors a rare entry opportunity. As long as they closely monitor market trends and grasp the investment rhythm, it is possible to achieve considerable returns in the upcoming bull market.

However, investors should also bear in mind that the cryptocurrency market is fraught with both risks and opportunities. Before making any investment decisions, it is essential to conduct thorough research and risk assessment. Maintaining rationality and patience is key to progressing steadily in this opportunity-filled market.