The price movement of Bitcoin has always been the focus of market follow. Currently, some investors are asking why they should wait for the price of Bitcoin to reach about $111,900 before entering the market, rather than entering immediately. Let's analyze the logic behind this strategy in depth.

Currently, the Bitcoin price is at a critical intermediate zone. The support range is between $110,000 and $112,000, while the resistance range is between $115,500 and $116,500. Trading within such a narrow range may not be the best choice.

From a technical analysis perspective, the Volume Weighted Average Price (VWAP) line on the 4-hour chart shows that it took 4-5 months for the price to break through this level. Recently, we have seen a significant reaction from the price at this dynamic line. For example, the rebound from $114,600 to $116,900 two days ago, and the pullback at $114,800 last night, both occurred right near this line. This indicates that the line has shifted from support to resistance, and it may take some time for the price to break through again.

Moreover, the quantity volume weighted average price (QVWAP) line on the daily chart has formed a strong support around $111,900. This will be the first time the price tests this level in quite a while, so the likelihood of a rebound occurring here is quite high.

Considering these factors, now may not be the best time to enter the market. Instead, patiently waiting for the price to pull back to around $111,900 might be a wiser choice. This not only allows for a better entry point but also reduces risk.

Overall, in the cryptocurrency market, patience and strategy often yield better returns than impulse. Closely following market trends and waiting for the best opportunity to enter may be the key to achieving long-term success.