Bitcoin has recently performed well, stabilizing at a support level of $4160, and the price has broken through the $4300 mark, reaching a new high since the end of 2021. Within 24 hours, Bitcoin's rise reached 6.84%, and the volume surged to $48 billion, demonstrating strong buying interest in the market.

From a technical perspective, Bitcoin maintains a bullish structure. Although the MACD histogram has slightly shortened, it still remains positive, indicating that while the bullish momentum has slowed, there has been no reversal. This technical indicator corresponds with the price trend, further supporting the upward trend in the short term.

It is worth noting that institutional investors and traditional financial forces continue to increase their investments in Bitcoin, reflecting the market's confidence in the long-term prospects of digital currencies. However, in the short term, it is still necessary to be vigilant about the selling pressure brought by profit-taking, as well as the potential volatility that the upcoming US CPI data may cause in the market.

Looking ahead, the market generally expects this round of bull market to drive Bitcoin prices to the range of 4500 to 4800 US dollars. However, investors should remain cautious, closely monitor market changes, and manage risks appropriately.

Currently, there may be buying opportunities in the Bitcoin price range of $4260 to $4240, with target price levels set at $4400 to $4450. In case of a pullback, the range of $4160 to $4180 might be a good position for averaging down. However, investors should make decisions based on their own risk tolerance and investment strategies, and should not blindly chase highs or engage in leveraged trading.