What is the recent trend of Bitcoin? From the 1-minute timeframe, the price has rebounded from a low of 93088 all the way up to now, fluctuating within the 93500-93700 range. The short-term moving average MA7 has already crossed above MA30, forming a golden cross that provides some support to the price.

Looking at MACD, although the DIF line is still below the DEA line, the gap between the two lines is already quite narrow, and the histogram is showing signs of turning red—indicating that the bullish momentum is gradually strengthening. However, the overall volatility is still relatively small, and the market remains cautious.

What should we focus on? First, the golden cross of the short-term moving averages has paved the way for an upward move, but there is still resistance around 93700, so whether it can break through this level effectively is crucial. Second, although MACD shows signs of strengthening, a clear bullish alignment has not yet formed, so continued observation is needed. Third, trading activity is moderate at the moment, with bulls and bears roughly balanced.

How to operate? If you have a more aggressive style, you can try going long with a small position when the price pulls back to the 93400-93500 area near the short-term moving average, with a stop loss below 93300. Once the price effectively breaks through 93700, you can consider adding to your position, targeting the 93900-94000 zone.

If you are more conservative, it is advisable to wait and watch. Only consider going long once MACD forms a clear bullish alignment and the price breaks and stabilizes above 93700. Regardless of the strategy chosen, stop-loss and take-profit levels must be set strictly, and position sizes should be controlled properly to handle various market changes.