The cryptocurrency market once again demonstrates its high volatility, putting investor sentiment to the test. Recently, the price of Bitcoin fluctuated significantly, shifting from a seemingly strong bullish rebound to a sudden sharp decline, causing a significant change in market expectations.

This drastic change in the market reminds us of the importance of being cautious and vigilant in trading. Just like driving on a highway, once you let your guard down and ignore potential risks, you may find yourself in trouble. Overconfidence often leads to misjudgments, so it is necessary to be more rigorous and objective when making market predictions.

From a technical analysis perspective, Bitcoin is currently in the third segment of a 1-hour downtrend within a 4-hour downtrend. However, the daily chart still shows uncertainty. If the price of Bitcoin can hold the key support level of $112,000, there is still a possibility of continuing the upward trend on the daily chart.

However, considering the current market situation, the daily trend of Bitcoin's rise starting from $74,500 seems to be nearing its end. Even if a rebound occurs later, it is likely to be the final sprint of this surge.

From a longer-term weekly perspective, the upward trend of Bitcoin has not shown any significant changes and is still continuing the previous trend. However, investors should pay close attention to market changes and adjust their strategies in a timely manner.

In such a highly uncertain market environment, investors need to remain calm, carefully assess risks, and avoid being misled by short-term fluctuations. At the same time, establishing a comprehensive risk management strategy and setting reasonable stop-loss levels are crucial for protecting capital safety.

Overall, the current cryptocurrency market is at a critical moment, and investors should remain vigilant, closely monitoring various technical indicators and fundamental factors to make informed decisions in this market full of opportunities and challenges.