Brothers, let's talk about the latest trends in Bitcoin.

As of August 4, 2025, the current price of BTC is $114,000, down 0.59% in the last 24 hours, having rebounded somewhat from the previous day's low of $111,958.

Recently, the volatility has indeed been significant. On August 2, it plummeted to $112,724, down 2.1% in 24 hours, directly liquidating 110,000 people across the network, with a liquidation amount of $369 million, of which long positions accounted for 84%, and many suffered considerable losses. On August 3, it stabilized and rebounded, but failed to break through the key resistance level of $114,500.

Currently, it is a time for a tug-of-war between bulls and bears in the short term. On the technical side, there is a demand for a rebound from oversold conditions, and on the macro side, expectations of interest rate cuts and increased institutional holdings are also supporting prices. However, the trading volume is insufficient, coupled with leverage risks, which limits the upward space. In the medium term, if it stabilizes above $115,000, it is highly likely to restart a bull market; if it drops below $111,000, it may pull back to the range of $108,000-$110,000 to gather strength. Therefore, everyone must set stop-losses and keep a close eye on $114,500 as a breakout signal.

Long Ge's operational suggestion for today: You can go long around $113,600-$114,100, aiming first for $115,000, then $115,600. The market changes quickly, so operations must be cautious! #BTC