The recent trend of the Bitcoin market has drawn the attention of many investors. The market is currently at a critical moment, and tonight's performance could have a significant impact on the short-term trend. Some analysts believe that the price of Bitcoin may pull back to around 114,000 USD again, forming a W-shaped bottom structure, and then start a new round of pump.

Despite some uncertainties in the market, there are currently no clear signs that the bull market has ended. Some investors are concerned that there may be a daily level decline, but this possibility is relatively small. To initiate a daily level decline, it is usually necessary to first form a daily level top structure, and currently, the market has not shown such a situation.

From a technical analysis perspective, the current Bitcoin price trend appears to have completed a triangle consolidation and is now making its first directional choice. In this case, the market often requires some time to confirm the new trend.

For investors, it is very important to remain calm and rational. Short-term market fluctuations are common in the cryptocurrency space and should not be overinterpreted. At the same time, it is advisable to follow fundamental factors, such as regulatory policies and institutional participation, as these factors may have a more profound impact on the long-term trend of Bitcoin.