#非农就业数据来袭# Bitcoin strongly rebounded after dipping to the key support of $110,000 in the early morning, confirming the effectiveness of the solid support at this level. The current bottoming rebound pattern indicates that the short positions' momentum has been fully digested, and the buying power below is strong, laying a solid foundation for future rises.

The current coin price has successfully returned to around $111,100, indicating that the short-term downward structure has been broken, and the market momentum has completed the switch from short positions to long. Bulls have regained the initiative, and the price is expected to continue its rebound momentum and make an assault on the previous high.

It is recommended to maintain a buy-on-dips strategy. For those who already have long positions, you can take partial profits. Those who have not entered the market can wait for the price to stabilize in the 110,500-111,000 range before considering entry. The upward targets to pay attention to are 112,500 and 113,800 US dollars.