Family, today let's chat about the latest trends in Bitcoin (BTC). As of August 4, 2025, the current price of Bitcoin is $114,000, with a 24-hour decline narrowed to 0.59%. Compared to the previous day's low of $111,958, there has been a certain rebound.

Recently, Bitcoin's volatility has been quite significant. On August 2, it dropped to $112,724, with a 24-hour decline reaching 2.1%. This drop was quite severe, directly triggering over 110,000 liquidations across the network, with a liquidation amount of up to $369 million, and long positions accounted for 84%, causing many to suffer heavy losses. By August 3, Bitcoin stabilized and rebounded, but it could not break through the key resistance level of $114,500.

Currently, Bitcoin is in a critical period of a tug-of-war between bulls and bears. From a technical perspective, there is a need for a rebound from oversold conditions, and there are also favorable macroeconomic factors, such as expectations of interest rate cuts and institutional accumulation, all supporting the price. However, insufficient trading volume and leverage risks are restricting its upward potential. In the medium term, if Bitcoin can maintain above $115,000, there is a good chance of restarting a bull market; however, if it falls below $111,000, it may pull back to the range of $108,000 - $110,000 to gather strength. Therefore, investors must strictly adhere to stop-loss orders and closely monitor the breakout signal at $114,500.

Finally, let me share today's operational guidelines from Hao: You can go long around $114,000 - $114,400, initially targeting $115,100, then $115,800. However, market conditions can change rapidly, so everyone should exercise caution when making trades! #BTC