Bitcoin's recent volatility in English, approximately 150 words:
Bitcoin has experienced notable volatility recently. Following a strong upward trend that pushed the cryptocurrency to near $97,000, some fluctuation has been observed. In the last 24 hours, Bitcoin's price has risen by about 2%, approaching $96,500. Looking at the past week, Bitcoin has gained approximately 3.8%. However, over the last 90 days, the price remains down by roughly 5.5%.
Recent price movements have been influenced by various factors, including spot Bitcoin ETF flows in the US, macroeconomic data, and investor sentiment. Some analysts believe Bitcoin remains in a short-to-medium term uptrend, while others caution about a potential correction after these gains.
Trading activity remains robust, with a 24-hour trading volume nearing $33 billion. Investors are closely monitoring key support and resistance levels to determine the future direction of the leading digital currency. $BTC