Jinse Finance reported, according to charts released by Glassnode, that Bitcoin is currently consolidating within the $104,000 - $116,000 range, with investors showing clear signs of accumulation. Data from the futures market and ETF capital flows indicate a cooling in demand. Analysis points out that if the price can break through the $116,000 resistance level, the upward trend may resume; however, if it falls below $116,000, there is a risk of a pullback to the $93,000 - $95,000 range.