Recently, the price movement of Bitcoin has been fluctuating like a roller coaster. During the weekend, its price sharply fell from $115,700 to $111,800, and then rebounded to around $114,000. This dramatic fluctuation again confirms the high uncertainty of the Crypto Assets market.

Currently, the Bitcoin price is hovering around $113,000, which is considered an important support level. Although the market is in a state of fluctuation, each rebound could pave the way for the next round of market trends.

From a technical perspective, the MACD indicator remains above the golden cross, and the histogram has turned from negative to positive, indicating that the bearish momentum is weakening while the bulls are gradually taking control of the market rhythm. The RSI indicator on the daily chart is in a strong oscillation range but has not yet entered the overbought area. Combined with the fact that the Bitcoin price briefly touched around $114,700 in the early morning, these signals suggest that the upward potential may not be completely exhausted yet.

Technical analysis shows that Bitcoin still has the potential for a price increase. Market participants can pay attention to the price movement around $114,000; if this level is broken, the next target price may be around $115,000.

However, investors should keep in mind that the Crypto Assets market is ever-changing, with no absolute direction for rises or falls. The key to success lies in the ability to identify and seize market trends faster than others. In this market full of opportunities and risks, maintaining vigilance and flexibility is crucial.