Currently, BTC is fluctuating around the medium term. From the hourly perspective, the price has stabilized after experiencing a rise. The analysis shows that as the downward momentum is gradually released, there are signs of a strong push from long positions, and the number of bullish lines is increasing. The price is building a fluctuating pattern at a relatively low level, and the location is showing a gradual upward movement, which also indicates that selling pressure in the market is weakening. The strength of long positions is gradually gathering. From a technical analysis perspective, if it can break through the upper resistance level, it will open up a new situation.