BTC Market Analysis: After BTC price broke below the 4H structure neckline at 114K, it quickly dropped to 112K. Currently, it’s consolidating around 112.5-112.8K, which is a passive stabilization following accelerated de-leveraging and a rebound, rather than active buying. The main strategy remains shorting the rebound. The 114K level above serves as the key resistance for bears. If the rebound fails to hold, the price may continue downward to 111.2-110.5K. Consider shorting again around 113.7K-114.3K, targeting 111.5K. If it breaks above and stabilizes at 114.8K, exit the position.