Technical view: $BTC often respects key psychological levels (round numbers) with momentum driven by volume spikes. Consolidation phases tend to precede sharp breakouts due to limited supply and leveraged positioning.
Fundamental view: Network security (hash rate) remains strong, adoption continues via ETFs and payment integrations, and halvings reinforce long-term scarcity—supportive for a bullish long-term outlook, though volatility remains high.
Summary: Long-term fundamentals are strong, short-term moves remain volatile and sentiment-driven.
