After a brief adjustment, the Bitcoin (BTC) market has once again shown strong upward momentum. Yesterday, the BTC price experienced significant fluctuations as it approached the key level of $110,000, with long positions being temporarily suppressed. However, the market quickly regained confidence, not only bouncing back rapidly but also exhibiting a clear trend for further rise.

Currently, the rebound momentum of Bitcoin is very strong, and market sentiment is generally optimistic. Analysts believe that if BTC can break through the resistance range of 113800 to 114300 dollars, then 114800 dollars will become the next potential target.

For short-term trading strategies, market observers suggest considering entering positions around $112,500 to $113,000. This range is viewed as a relatively safe entry point, while also having good potential for a pump.

It is worth noting that the current cryptocurrency market is generally showing an active trend, with several mainstream coins experiencing positive price performance. Market participants generally believe that this pump may last for a while, but they also remind investors to be cautious of potential risks and to maintain a rational wait-and-see attitude.

As the price of Bitcoin continues to rise, market attention is also increasing. Investors and analysts are closely monitoring various factors that could affect market trends, including macroeconomic policies, changes in the regulatory environment, and the movements of large institutional investors. In such a market environment filled with opportunities and challenges, maintaining calm and caution will be crucial.