In recent trades, Bitcoin (BTC) experienced a slight rise in price, reaching a high of $110250.0, followed by a slight pullback. Currently, the trading price of BTC is around $109973.9.

From a short-term market perspective, the 15-minute candlestick chart shows that BTC is in a consolidation phase after a rebound. It is worth noting that current market funds are showing a net outflow, which may indicate a weakening of bullish strength.

For the upcoming trend, investors should focus on the key price range of $110,200 to $110,600. If the upper edge of this range is broken, further rise may occur, but it is important to be cautious of resistance around $111,000. On the other hand, if the price falls below the lower edge of the range, it may retrace to the support level near $108,000 to $108,500.

In the current market environment, investors should remain cautious and closely monitor price fluctuations and changes in trading volume, while also ensuring effective risk management. At the same time, it is important to pay attention to the overall trends in the cryptocurrency market and macroeconomic factors, as these may impact BTC prices.