The current performance of Bitcoin is complex, with mixed market signals that require cautious observation.

The price is stable at $85,047.74, market capitalization is $1.68 trillion, and the 24-hour trading volume is $1.511 billion, with a short-term increase of 0.63%.

Technical indicators show a short-term bullish signal, but long-term bearish, overall neutral.

On-chain data shows strong network security (hash rate 865.68 EH/s), but active addresses and trading volume are declining, which may indicate weakening demand.

Market sentiment is cautious, somewhat optimistic, but the fear index shows that investors are concerned.