Bitcoin News: Bitcoin is trading at 114,800 dollars after recovering 1.5% from Saturday's 112,692 dollar low, but analysts warn of potential reversal risks. Commodity Trading Advisor positions reached 110% long equity exposure—the highest level in four years, according to Nomura data. Options traders are targeting 100,000 to 80,000 dollar puts, expecting a 10–30% price correction over the next month. Downward revisions to May and June jobs data by 258,000 positions have markets anticipating more aggressive Fed rate cuts. CryptoQuant analyst expects "chopsolidation" rather than a dramatic crash, with 112,000 dollars serving as a key support level. The CME FedWatch Tool shows an 81.7% probability of a 25-basis-point rate cut in September. Fundstrat's Tom Lee signals a Fed pivot is coming while Harris Financial suggests a potential 50-basis-point reduction. Risk asset selling from CTA deleveraging could pressure Bitcoin alongside broader equity market corrections.$BTC #BTCReserveStrategy #BTC