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Lately, Bitcoin's movement has been a bit strange, but it's gradually rising, albeit slightly. However, traders seem to be cautious about the situation. It looks like there are quite a few short-term sell positions accumulated, and as this continues, the sideways trend persists.
Looking at the chart, the bullish signals are definitely weak. The price is going up, but trading volume and buying sentiment don't seem very strong, and it appears that short-term profit-taking sells are more active. If this pattern continues, it’s likely that the price will stay within a range for a while.
At this point, rather than expecting further upward movement, it seems better to watch how the current price action develops. The traders' sentiment is crucial, and we should wait until the selling pressure weakens.