#比特币市场波动观察 Recently, the Bitcoin market has shown a strong upward momentum, breaking through key resistance levels and exhibiting signs of a bull market. Benefiting from continued accumulation by institutional investors, rising global inflation pressures, and the approaching Bitcoin halving, the demand for Bitcoin in the market has significantly increased. At the same time, mainstream payment platforms are accelerating the integration of cryptocurrency payments, further expanding application scenarios. On-chain data shows that the number of holding addresses continues to rise, and the proportion of long-term investors is increasing, indicating enhanced market confidence. Against the backdrop of macroeconomic uncertainty, Bitcoin's safe-haven value as digital gold is becoming increasingly prominent, and future prices are expected to continue rising.