News Highlight: BTC has steadied near $114K, buoyed by hopes of a September Fed rate cut. Despite a recent low around $112K, it's showing signs of a modest recovery.
Technical View: Resistance is expected near $117K–$120K. Analysts caution that upward moves may face selling pressure at those levels.
Policy Context: The new U.S. crypto policy framework is seen as supportive of broader crypto adoption, including BTC.