Recently, Fed Chairman Powell's dovish remarks further solidified the market's expectations for interest rate cuts. This statement not only affected the TradFi market but also attracted the follow of Crypto Assets investors.

From a technical analysis perspective, Bitcoin's current trend shows some positive signals. Although there has been a recent pullback, the price has not broken the critical double bottom support level, which lays the foundation for a potential rebound in the future. On the daily chart, we have already observed the formation of a stop decline pattern, which is often seen as a precursor to a potential reversal.

However, investors still need to remain cautious. The trends on the weekly chart are still worth following, especially whether a second divergence will occur. If this situation can be avoided, then the overall market will present a healthier state.

Although the long-term outlook remains optimistic, the market may experience volatility in the short term. Based on current analysis, investors are advised to consider short positions in the range of 117,300-117,000, while closely monitoring the support level at 114,000. This strategy aims to balance short-term risks and long-term opportunities.

It is worth noting that the high volatility of the Crypto Assets market requires investors to remain vigilant at all times and to manage risks effectively. At the same time, with the continuous development of blockchain technology and the expansion of application scenarios, Bitcoin's position as a digital asset may be further solidified. However, specific investment decisions should be made based on individual risk preferences and market changes.