8.3 Bitcoin Daily

Federal Reserve hawkish officials signal "delayed rate cuts, maintaining high interest rates," coupled with the SEC's enhanced compliance review of cryptocurrency derivatives platforms, a double blow that severely impacts risk asset sentiment. Bitcoin is currently at 113500, the Bollinger Bands are opening downwards, the middle band at 113800 is a strong resistance, and net outflow exceeds 190 million.

Trend is bearish; short on a rebound to 113800-114000, with an initial target of 112500, and if broken, look down to 111900$BTC .