Recently, the Bitcoin market has shown a volatile trend, but from a long-term perspective, there are still developments worth following. Currently, Bitcoin has entered a consolidation period after a round of pumping, with trading volume remaining stable and no large-scale long positions liquidation, indicating that there is still upward momentum in the market.

Analysis shows that Bitcoin may attempt to break through the $108,500 mark next, in order to attract more investors to enter the market. After the breakout, a slight pullback to around $106,000 may occur, which will help to clear short-term profit-taking and rebuild strength at the support level.

Subsequently, if market sentiment continues to improve, Bitcoin is expected to attack again, breaking through the previous high points and moving towards the range of $109,500 to $110,000. If it can firmly hold above $110,000, driven by positive news, the price may even challenge higher levels.

However, investors must also be vigilant, as sudden negative news may disrupt this potential upward momentum. The market is ever-changing, and this is just a possible analysis based on the current market conditions; actual trends still require close observation of various factors.

In the uncertain cryptocurrency market, it is essential to remain rational and cautious. Investors should develop appropriate trading strategies based on their risk tolerance and investment goals.