Bitcoin (BTC) may face pullback pressure recently, and bullish sentiment has weakened. With increasing uncertainty in the global economic environment and the possibility that the Federal Reserve may maintain high interest rate policies, market liquidity is constrained, putting pressure on risk assets. Additionally, Bitcoin is approaching significant resistance levels on a technical basis, and trading volume has not effectively increased, indicating insufficient upward momentum. If it breaks through key support levels in the short term, it could trigger more selling pressure. Meanwhile, the uncertainty of regulatory policies may also negatively affect market sentiment. Investors need to be cautious of market volatility, control their positions, avoid chasing highs and cutting losses, and wait for clearer trend signals to emerge.