Follow the latest market trends of Bitcoin, which is currently showing a clear trading range oscillation pattern. It is worth noting that the important strength and weakness dividing line of 114000 has been regained, bringing positive signals for the future market.

Traders should focus on the key price levels of 116000 and 112000, which respectively form the upper and lower boundaries of the current trading range. Especially the support level at 112000, its importance cannot be ignored, and it is likely to be a key factor in determining short-term trends.

In terms of trading strategy, it is recommended to flexibly adjust based on the price's position within the trading range. If it can break through the upper boundary of 116000, investors can set their sights on higher levels. Specifically, previous trend lines can be referenced and viewed as initial target points after the breakout.

Overall, the current Bitcoin market presents certain structural characteristics. Investors need to closely follow the interaction between prices and key positions, while remaining vigilant and prepared to respond to potential breakouts or pullbacks.