$BTC Bitcoin (BTC) is not only a "barometer" of the cryptocurrency market but also a safe haven asset for global investors. In the recent market volatility, BTC has shown strong resilience and capital attraction, with more and more institutions and traditional capital beginning to include it in their asset allocation portfolios. From a technical perspective, BTC has repeatedly received strong buying support at key support levels, indicating that market confidence remains. As the halving cycle approaches and expectations for macro liquidity ease, the long-term value logic of Bitcoin becomes clearer. Whether for long-term holders or short-term traders, understanding the supply and demand mechanisms and market sentiment behind BTC will be key to grasping future market trends.