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⭐Bitcoin's rise is encountering resistance and will fall back to around 86000 points.
Data shows that over the past month, Bitcoin has surged 25% due to the continuous inflow of ETF funds and strong institutional spot buying. However, a series of recent new signals have cast a shadow over this rally. Signs such as a decrease in premium and weak funding rates all suggest that the upward momentum of Bitcoin may be gradually waning.
From a technical perspective, Bitcoin does indeed have some upward potential. However, it should not be overlooked that macro-level pressures are continuously accumulating. The Federal Reserve is about to hold a meeting and currently maintains a neutral stance, with its subsequent decisions full of uncertainties; market volatility is also slowly rising, increasing the uncertainty in the market; at the same time, issues related to tariffs have yet to be clarified, continuously disrupting market sentiment.
It is worth noting that the current market has entered a consolidation phase, and BTC is expected to retreat to around 86000 points. Market participants are eagerly awaiting new catalysts to break the deadlock. In this situation, blind risk-taking is certainly not a wise move; investors should adopt tactical layouts and prudently set risk exposure in order to navigate steadily through the complex and ever-changing market environment.