The latest Bitcoin market analysis shows that the current market is at a critical Node. From the four-hour chart, the $112015 and $112000 levels form a double support area. Although there was a brief fall below this support during intraday trading, the core support level remains intact.

From the perspective of the daily chart, Bitcoin's price is currently operating below the middle band of the Bollinger Bands, indicating that the selling pressure is relatively strong, and there is a possibility of a downward breakout. This technical pattern suggests that investors need to remain vigilant and closely monitor market trends.

For short-term trading strategies, investors may consider looking for short opportunities when the price rebounds to around $115,000. The initial target can be set at the $112,000 level, and if this level is broken, it may decline further.

However, investors should bear in mind that the cryptocurrency market is highly volatile and carries significant risks. When formulating trading strategies, it is essential to fully consider risk management, set reasonable stop-loss levels, and constantly monitor market changes. At the same time, one should also pay attention to macroeconomic factors and industry news that may affect Bitcoin prices.

Overall, the current Bitcoin market shows a bearish technical outlook, but caution is still needed for potential reversal signals. Successful trading requires not only accurate market judgment but also strict risk control and flexible strategy adjustments.