Bitcoin has reached 110,000 USD, and the market is ecstatic, but it quickly entered a sideways oscillation zone, resembling a top student jogging on the playground before the college entrance examination — immovable like a mountain, but actually gathering strength!

From a technical perspective, BTC is currently consolidating at the upper edge of a short-term ascending channel, and the reduction in trading volume indicates that chips are being exchanged. Bulls are not retreating, and bears do not dare to act, creating a psychological game of "whoever moves first gets eliminated."
On-chain data also provides clues: the transfer frequency of whale addresses has declined, indicating that large funds are "locking up and observing"; the miners' holdings have not decreased, representing that "faith is still there, and instant noodles continue."
Strategy Suggestion: During the sideways period, avoid frequently chasing highs and cutting losses. Instead, consider low buying and high selling operations within the range of 104,000 to 107,000, and closely monitor the breakout point at 113,000.
This wave of BTC stretching feels like warming up for yoga. Once it breaks through, it could be a new starting point for the "Blockchain Marathon!"