The current market for Bitcoin is showing a range-bound fluctuation. In the trading of the past two days, its trend has exhibited a noticeable decrease in corrective strength, but the overall trend has not undergone significant changes. From a market observation perspective, large institutional investors are conducting repair operations within a relatively high price range, while the pullback intensity is relatively small. For investors, if long positions are within the range of 97000 to 96000, they may consider adjusting their strategies based on the current market conditions.
From the market dynamics, the price fluctuations of Bitcoin remain within a relatively stable range. In recent trading, its price trend has shown a mild corrective posture, indicating that the market is undergoing technical repairs after a period of volatility. Nevertheless, the long-term trend of the entire market has not undergone fundamental changes. $BTC