The Bitcoin market has shown weak performance recently, closing in the red for two consecutive trading days, erasing previous gains. Nevertheless, the 30-day moving average remains upward, indicating that the medium-term trend has not changed. Although the MACD indicator is above the zero line, the upward momentum has weakened and needs to be closely monitored.

In the short term, after the price touched the EMA52 line support on the 6-hour chart, it rebounded, but the strength is insufficient. The 6-hour MACD is returning to the zero axis, reflecting that the current rebound is relatively weak.

For short-term traders, opportunities around the 164-168 USD range can be followed, as this area not only coincides with the daily 30 moving average but also important support zones. If a long position can be established in this range, the target can be set around 183 USD.

From a longer-term perspective, the main resistance levels at the daily level are located at $193, $210, and $220, while the support levels are sequentially at $175, $166, $156, and $145. Investors should adjust their trading strategies based on these key price levels.

It is worth noting that the current market sentiment is relatively cautious, with trading volume remaining flat compared to the previous day, indicating that both bulls and bears are observing. In this situation, investors need to remain vigilant, keep an eye on market changes, and adjust their positions accordingly.