#BTC The core risks of the current round of Bitcoin are mainly concentrated in the sensitive period before the release of today's CPI data and the upcoming halving event. From a technical perspective, the support area formed by multiple moving averages is firmly located near 69,000, allowing a range of 1% up and down. Therefore, short-term investors can consider this support area as a reference when intervening in long orders at low levels. As long as the decline is controlled within 2%, it can be regarded as a safe operating range.

If Bitcoin can effectively hold this support level and smoothly pass this critical period, the next potential risk warning about the market will appear after the price breaks through the new high. Before that, investors are advised to remain vigilant, pay close attention to market dynamics, and reasonably control risks.

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