According to the latest market data and analysis as of March 17, 2025

Current Price and Trends

The current price fluctuates between 81925 and 85136, with a daily decline of about 1-2%. The trading volume shows a downward trend, and market activity is relatively low. The 4-hour candlestick chart indicates that Bitcoin has recently formed a head and shoulders pattern, with the neckline around 83200. If the price cannot break through the neckline, it may test the support range of 81000-82000.

Support level: 81000-82000 (head and shoulders target and recent lows)

Market Sentiment and External Factors

The Trump administration's military actions in Yemen have led to a shift of funds towards traditional safe-haven assets like gold, putting short-term pressure on Bitcoin.

The U.S. SEC's regulatory warning regarding Uniswap may trigger volatility in the DeFi sector, indirectly affecting Bitcoin market sentiment.

Attention should be paid to the inflow of funds into Bitcoin spot ETFs; if it continues to fall below expectations, it may exacerbate selling pressure.

If Bitcoin falls below 81500, short positions can be established with a target of 79800 USD, and a stop loss at 82000.