Bitcoin maintains a weak consolidation pattern. Even after the U.S. stock market surged, it still faced pressure and retreated from the 116,000 level. Continue to pay attention to the support situation around 114,000.
Yitai (Yitai refers to the market's behavior), institutions are increasing their positions, reversing the Yitai against the trend, especially after breaking through the 3650 level, leading to a strong secondary rally breaking through the 3700 level. A trend change is evident, but one should not blindly chase it.
Big Money: Maintain high short and low long in the 114,000-116,000 region.
Yitai: Range between 3720-3750 for short positions, and buy around 3600-3620. $BTC