币界网报道：Bitcoin's bullish trend remains intact despite recent volatility, according to a report by blockchain analytics firm Glassnode. The analysis highlights that Bitcoin's price has been consolidating within a tight range, with key support levels holding strong. Glassnode notes that long-term holders continue to accumulate BTC, signaling strong conviction in the asset's future potential. The report also points out that exchange reserves are at multi-year lows, reducing selling pressure. However, short-term price fluctuations have raised concerns among some traders, with Bitcoin experiencing sharp intraday swings. Glassnode emphasizes that such volatility is typical during market consolidation phases and does not necessarily indicate a trend reversal. The firm's data shows that the number of active Bitcoin addresses remains elevated, suggesting sustained network activity. Additionally, the report mentions that institutional interest in Bitcoin remains robust, with significant inflows into Bitcoin-related investment products. Glassnode concludes that while short-term turbulence may persist, the overall market structure favors continued upside potential for Bitcoin in the medium to long term. The analysis advises investors to focus on key support and resistance levels to navigate the current market environment effectively.