Bitcoin continues to show a fluctuating trend today, with market participants closely following its direction.

The price fluctuated between $114,600 and $117,000, with a final closing price of around $115,000. Overall market sentiment remained neutral, with neither a significant surge of enthusiasm nor a noticeable spread of panic.

Currently, the Federal Reserve's monetary policy remains a key factor influencing the market. Investors are particularly focused on the speech by Federal Reserve Chairman Powell, which will be delivered at the Jackson Hole meeting, hoping to gain clues about the direction of the policy.

For different types of investors, the current market conditions offer various strategy options. Short-term traders can take advantage of the oscillating range for swing trading, but it is essential to set stop-loss orders to control risk. Long-term investors may view this adjustment as a good opportunity to gradually build their positions, but it is advisable to remain cautious and not invest all funds at once, keeping some liquidity to respond to potential further adjustments.

Overall, the market is still in a strong adjustment period, but the fundamental logic for the medium to long term has not fundamentally changed.

As this round of volatile market develops, opinions on the future trend of Bitcoin are clearly divided. Some believe there may be further corrections, while others think this is setting the stage for the next round of increases. Regardless, when making investment decisions, it is important to consider one's own risk tolerance and investment goals, while also closely following market dynamics and changes in the macroeconomic environment.