Bitcoin's recent market performance has attracted significant attention, with its price volatility once again capturing investors' interest. As market expectations around Federal Reserve policies shift and global economic uncertainty persists, Bitcoin is becoming a dual choice for both safe-haven assets and high-yield investments. However, the impact of the macro environment and regulatory policies on market sentiment should not be overlooked. Currently, the number of active addresses on the blockchain is increasing, and institutional capital inflows are evident, which may signal the next market trend. Investors need to pay attention to key support and resistance levels while remaining cautious of short-term volatility risks and formulating clear trading strategies.