Bitcoin's recent trend shows a high-level fluctuation pattern. The latest closing on the daily chart shows a slight fall, but the trading volume has increased compared to the previous trading day, remaining within a normal fluctuation range. The short-term moving average system maintains an upward trend, especially the 30-day moving average, which continues to provide support. The daily MACD indicator is continuously converging above the zero axis, reflecting that the current bullish and bearish forces are in a relatively balanced state, but there have not yet been any obvious signs of weakening.

From a longer time frame perspective, the rebound trend at the 2 daily chart level does not seem to have ended yet. If the next few trading days can continuously close with bullish candles (regardless of the magnitude of the increase), the 2 daily chart MACD is expected to form a golden cross, which will inject new strength into the upward momentum and may push the Bitcoin price into a new rising channel. Currently, the market is in a stage of energy accumulation, and investors need to closely monitor changes in trading volume and the effectiveness of key moving average support.

In terms of short-term trading strategies, if Bitcoin can hold the upper edge of the current oscillation range, accompanied by the confirmation of a MACD golden cross, then it is possible to open up further room for upward movement. However, if the price continues to oscillate, exhausting the patience of bullish investors, one needs to be wary of the potential risk of a pullback.

Overall, Bitcoin is currently at a critical technical point, and the tug-of-war between bulls and bears is intensifying. Investors should remain vigilant and closely monitor market trends, especially the Trading Volume and changes in technical indicators, to seize market opportunities or avoid potential risks in a timely manner. Whether going long or short, there needs to be sufficient reasoning and strict risk management strategies.