Bitcoin faces critical $115K support; cautious consolidation ahead

I see Bitcoin perched on a critical support near the $115K level, suggesting a possible consolidation phase ahead of any meaningful rebound. The scenario hints at patience rather than immediate upside, with buyers likely waiting for clearer directional clues before committing.

From a technical stance, the emphasis on support could translate into range-bound activity in the near term, unless a breakout above nearby resistance occurs that could redraw the short-term trajectory. This notation of consolidation underscores risk management and a cautious stance rather than a bullish sprint.