Recent Performance• Bitcoin reached its all-time high (ATH) of $124,474 on August 14 before pulling back to the $117,800-118,400 range• Market capitalization stands at $2.36T with a Bitcoin dominance of 57.63%• Despite a 1.26% drop in the last 24 hours, trading volume remains strong at $45.6BKey Factors• Institutional adoption is accelerating with cryptocurrency ETPs managing $156B in assets• BlackRock's Bitcoin ETF has accumulated 749,000 BTC, strengthening market confidence• Potential interest rate cuts by the Federal Reserve are improving investor sentiment• The market sentiment indicator has shifted to 'Greed' as the bullish momentum consolidatesTrading Considerations• Strong technical support has been established at $115,155; resistance near $125,000• The MACD turning positive indicates renewed buying pressure, while the RSI approaches overbought levels• Asian markets show the highest price volatility (range: 931.04)• Long positions dominate at 63.47% with a positive net flow of 137.15 BTCCommunity Outlook• An overwhelming bullish sentiment (82.26%) focused on institutional adoption and profitability innovations• A