The dominance of short positions in the derivatives market and macroeconomic uncertainties add variables to the market trend. Combine support and resistance levels with the dynamics of capital flow to adjust strategies in a timely manner, with a priority on following the breakout situation in the range of $112,000 to $115,000, and act in accordance with the trend.

The road to Bitcoin's rebound is fraught with difficulties, and the short-term direction depends on the strength of the rebound at the $116,000 resistance level. Priority should be given to the breakout signals in the $114,000-$116,000 range, while also being aware of unexpected fluctuations caused by uncertainties in the macro environment.

The current technical aspect of Bitcoin shows characteristics of a long-short rebalancing after a historic breakthrough. The short-term direction depends on the rebound strength at the resistance level of 118,500 dollars and the effectiveness of the support zone in the 117,000 dollar area.