In the early morning, BTC first declined from the 114200 line, reaching a low of 112800 before stopping the drop. It is currently hovering around 113000, consolidating. Overall, the price is fluctuating in a low range, and the downward momentum has clearly slowed down. In the current range, both parties are in a tug-of-war, with power relatively balanced. If the price breaks above 113600 and approaches 114200, attention should be paid to the potential resistance in that area; if there is a clear obstruction to the upward movement, the market is likely to extend the oscillation cycle.
