The recent market trend of Bitcoin has attracted significant attention, with its price volatility once again capturing the eyes of investors. As market expectations around Federal Reserve policies shift, along with the uncertainties in the global economy, Bitcoin is emerging as a dual choice for both a safe-haven asset and a high-yield investment. However, the impact of the macro environment and regulatory policies on market sentiment should not be overlooked. Currently, the number of active addresses on the blockchain is increasing, and institutional capital inflow is becoming apparent, which may signal the next round of market trends. Investors need to pay attention to key support and resistance levels, while also being wary of short-term volatility risks and formulating clear trading strategies.