The current volatility of Bitcoin is very likely in the process of bottoming out. It may not take long to start the next bull market, so pay attention to the signals of market turning points.

Recently, the international economic situation faced challenges, but Bitcoin did not break below the last significant low, which can only be considered a second bottom test. The upcoming tariff war may also not have a significant impact on Bitcoin's market. Additionally, the Federal Reserve's interest rate meeting will be announced in May; even if there is no rate cut, there will definitely be one in the second half of the year. Otherwise, with the tariff war and inflation issues, the U.S. will find it hard to cope!

According to the analysis of the overall trend, the upcoming market trend is expected to be a range-bound fluctuation that will end by May, at most June. The occurrence of a market turning point is likely to be a bullish signal. Once the resistance level is broken and a strong breakout occurs, the next round will officially kick off the last wave of this bull market.

For those holding long-term investment funds, it is advisable to gradually invest in Bitcoin below 80,000. The maximum bottom this time is also around 75,000, and it is uncertain whether it can reach that level again. Therefore, to avoid missing the next bull market, Bitcoin below 80,000 is worth owning.

At this stage, for short-term trading, the strategy is still to short at highs and long at lows within the range. Large funds can also engage in grid trading within the range. Currently, the small fluctuations within the range do not have a clear direction. The long-term view is bullish, while the short-term view is bearish, which increases the risk and lacks an adequate risk-reward ratio.

When there is no clear market trend for trading, being patient and waiting is the best trading strategy. Keep an eye on my subsequent articles, and I will release updates as soon as there are significant market signals.