The price of Bitcoin ($BTC ) has shown significant fluctuations, **CME futures price** reported at $79,943.50 (+1.16%), with an intraday high of $82,495 and a low of $76,735, resulting in an amplitude of 7.29%. In the **spot market**, the BTC/UST trading pair is quoted at approximately 580,225 Chinese Yuan (-0.33%), with a 24-hour trading volume of 429.17 billion Yuan. Recently, Bitcoin experienced a **V-shaped rebound**, rising from a low of $81,500 to a high of $88,000, but failed to hold above the $90,000 mark. The current market is seesawing between bulls and bears, with analysts indicating that **$85,000-$90,000** is a key contested range; if it falls below $85,000, it may trigger greater selling pressure, while holding above could continue the bullish trend. Despite significant short-term volatility, on-chain data and mining investment indicate that the long-term fundamentals remain robust, but caution is advised due to uncertainties in macroeconomic policies and market sentiment.
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