Bitcoin has shown a gradually decreasing range of fluctuations at the four-hour level, and the long and short trading volume has also shown a decreasing trend. The originally expected drop to 32,800-33,000 points has not yet occurred, which requires further time to observe.
There is widespread wait-and-see and bullish expectations in the market. This view is supported by Bitcoin options trading data, indicating that bullish sentiment is still prevalent.
Therefore, the possibility of Bitcoin falling sharply in the short term is relatively low, and it is more likely to fluctuate sideways, building momentum for the subsequent rise to 38,000-40,000. It is necessary to continue to pay close attention to market development trends.
