Odaily Planet Daily News Chain data analyst Murphy wrote that Bitcoin's price has fallen below the key support level of $117,000, and the probability of a "gap filling" is increasing. According to the URPD chip structure, $117,000 is the range with the largest accumulation of chips at a single price, reaching 720,000 BTC, indicating intense bull-bear trading and frequent turnover.

BTC has currently entered the middle range of its "dual anchor structure," formed between $116,000 and $119,000 and $102,000 and $109,000. Murphy noted that the middle of this structure (approximately $112,000 to $113,000) represents a gap in the market. If the market fails to quickly return to and stabilize at $117,000, the risk of filling the gap will increase. However, if it can stabilize and fluctuate to absorb the pressure, further upward opportunities remain.