I speculate that Bitcoin will still be at its current price in the short term, it will not fall below $110k, but it may not break the $120k level either. We may still be around the price of $114k-$117k for a while. The situation may not be as I described, but at least for daily trading, we may not drop below $110k. If there is a price drop of more than 5% for the day, it may cause some small panic for traders.