In the early hours of yesterday, the price of Bitcoin stabilized around 11220 dollars. It fell back in the morning, dropping to 11850 dollars before starting to rebound. Currently, Bitcoin is showing a volatile upward trend, but the volume remains insufficient.

Market analysis shows that Bitcoin is currently facing upward pressure between $11,280 and $11,300. If it cannot break through this range with volume, it is likely to continue maintaining a sideways oscillating trend.

For investors, it is recommended to operate cautiously in the current market environment. Small trades can be considered in the range of $11,200 to $11,250. If the price dips to around $11,100, it may be appropriate to consider increasing positions. Investors can set their profit-taking targets in the range of $11,350 to $11,400, while placing stop-loss levels below $11,050 to manage risk.

It is important to note that the cryptocurrency market is highly volatile, and investors should make decisions based on their own risk tolerance and not blindly follow trends. Before making any investment actions, it is essential to fully understand market dynamics and manage risks appropriately.