From the current market perspective, Bitcoin is in a short-term range-bound consolidation phase. Currently, it is oscillating around the middle track with small bearish and bullish candles interspersed, without forming a clear one-sided trend. The Bollinger Bands do not show signs of opening, and the closing trend is even more pronounced. Further verification of the oscillation consolidation market state suggests that short-term operations should still focus on range-bound oscillations.

Bitcoin 112700 long, looking up to 114500 $BTC $ETH $SOL