The recent BTC price has been volatile, currently oscillating around $105,000. Although there have been fluctuations over the past week, the overall price has retreated from previous highs. From a technical indicator perspective, the 50-day moving average on the daily chart is flattening, indicating uncertainty in the short-term direction; however, the 200-day moving average on the weekly chart continues to rise, suggesting that there is still upward momentum in the long-term.

Regulatory policies, macroeconomic conditions, and market sentiment can all affect its trend. Investors need to pay attention to regulatory developments and approach market fluctuations with caution.