Bitcoin is at a critical crossroads, investors are waiting for clues

Bitcoin price consolidation continues, with traders closely following technical indicators and on-chain data to look for signs of potential breakthroughs. The Bitcoin Ahr999 index remained in the range of 0.45-1.20, suggesting that there may be an opportunity to increase holdings, but no clear buying signal has been formed. On-chain indicators show that more than 3.4 million wallets hold 0.1-1 bitcoin, indicating that retail investors have high participation. Analysts still have differences in their views on timing, and they believe that macroeconomic factors and investor psychology are key factors influencing them. Investors are advised to adopt prudent investment strategies while paying attention to regulatory dynamics and global economic indicators.