Family, today Brother Hao brings you the latest comprehensive analysis of Bitcoin (BTC) price fluctuations, based on the latest market data, combining technical aspects, on-chain indicators, institutional dynamics, and macroeconomic environments, with rich information. Everyone should listen carefully!

First, let's look at the technical aspects. From the 4-hour chart, the MACD has formed a death cross, but the negative values on the histogram are shortening. What does this indicate? The short-term trend is neutral, with both bulls and bears temporarily in a stalemate, with neither side holding a clear advantage. Looking at the RSI indicator, the value is 48, which is in the neutral range, and there is no pressure of overbought or oversold, indicating that the current market sentiment is relatively stable, with no excessive enthusiasm or panic. Also, regarding the Bollinger Bands, the price is currently tightly close to the middle band, and the volatility is shrinking, which often suggests that Bitcoin's price may choose a breakout direction in the next 24 hours, whether upwards or downwards, so everyone should keep a close watch!

Next, let's discuss the trading strategy. In the short term, it’s more appropriate to sell high and buy low within the range. Long positions can be entered when stabilizing at 114,700 - 115,000, and remember to set a stop-loss at 114,000. For short positions, you can try to enter when facing pressure at 117,750 - 118,000, with a stop-loss set at 118,500. For medium to long-term positions, if it stabilizes above 112,500 USD, you can gradually build up long positions; if it falls below 112,000 USD, reduce positions and wait for a drop to 108,500 USD before entering.

Finally, Brother Hao gives today's trading guide: go long in the range of 115800 - 116500, targeting 117300 - 117800. In the next couple of days, Bitcoin may directly break through 190,000, so seize the opportunity. However, investing involves risks, so be cautious when trading!