$BTC

Recently, Bitcoin has been fluctuating in a key resistance zone, with intensified market competition between bulls and bears. From a technical perspective, BTC is showing a contraction and consolidation pattern on the daily chart, with the MACD indicator maintaining a golden cross state but with weakened momentum, and the middle band of the Bollinger Bands forming short-term support. On the news front, the inflow pace of institutional funds has slowed down, combined with the impact of macroeconomic data on risk asset sentiment, leading to a narrowing of price fluctuations. For investors, it is crucial to focus on whether trading volume can effectively expand and the defense of key support levels. In terms of operations, it is recommended to maintain a light position and wait, avoiding chasing highs and cutting lows, and to formulate specific strategies only after the trend becomes clear.