Recently, Bitcoin price fluctuations have intensified, with clear long and short battles. From a technical perspective, BTC is oscillating within a key support zone. If it can hold above the key moving averages, it may build momentum for the next round of upward movement; however, if it breaks below the support level, further pullback risks should be noted. From a macro perspective, the Federal Reserve's policy direction and institutional entry are also continuously affecting market sentiment. For investors, it is advisable to maintain patience during this stage, strictly execute trading plans, and avoid chasing highs or panic selling. As a barometer of the crypto market, BTC's trend is worth close attention.