Bitcoin (BTC) recent price movement has attracted widespread attention in the market. After a brief breakthrough of the $115,000 mark, the BTC price quickly fell back to $114,311, and this fluctuation has sparked speculation among investors about the market direction.

From a technical perspective, Bitcoin is facing an important resistance level at $117,000, which has proven to be a difficult barrier to overcome in past rebounds. On the other hand, the range between $113,000 and $108,000 constitutes a key support, but this range is relatively weak, and a breakdown could pose significant risks.

Market patterns indicate that after a Bollinger Band squeeze, there are signs of a head fake breakout, which may imply the risk of the market first trapping longs before reversing. At the same time, external factors such as trade tensions and policy changes are also intensifying market fluctuations.

Different types of investors have different strategy recommendations. Day traders may need to stay cautious and closely monitor the support level at $113,000; while swing traders may wait for a successful breakout above $117,000 before following up. Regardless of the strategy adopted, setting reasonable stop losses is particularly important in the current environment of increased Fluctuation.

The key issue facing the current market is: is this breakthrough just a false move, preparing for the next decline? Or is it building momentum to突破117,000美元? Investors need to closely follow the market movement and make judgments based on their own risk tolerance.

In this uncertain market, it is especially important to remain calm and rational. Investors should continually follow market dynamics while also being alert to the potential impact of external factors.