Svmuu According to technical analysis, Bitcoin experienced intensified competition between technical and macro factors this week. The weekly MACD indicator is approaching a critical bullish golden cross, coupled with the price reclaiming the 200-week EMA, signaling the first potential trend reversal signal since 2025. However, geopolitical tensions and inflation data uncertainties continue to exert downward pressure on the market.
On-chain data shows a simultaneous rise in exchange open interest and active buying, indicating that new risk exposure is driving short-term momentum. On the macro front, the US-Iran situation remains a core variable, with Trump's set deadline approaching. The market is also closely watching the progress of a potential 45-day ceasefire agreement, with risk assets being highly sensitive to related news. Some traders still believe Bitcoin could retest the $60,000 level or even lower, but if macro risks ease, the price is expected to further challenge the $80,000 level. (Cointelegraph)