BTC briefly broke through $116,000, up 0.51% for the day, but volatility remains intense.

Ah, this BTC is like a roller coaster; it dropped below $115,000 last night and has rebounded again. The $116,000 resistance level analyzed by Glassnode is indeed critical.

In my view, this is related to the Fed's Daly hinting at possible rate cuts soon; loose monetary policy could stimulate risk assets, and BTC may test the $119,000 gap in the short term.

Don't rush to go all in; pay attention to the merger dynamics of mining company Hut 8. If tariffs squeeze U.S. miners, the global hash power reshuffle may bring new opportunities.