The Bitcoin market has recently undergone significant changes, challenging its long-term trend structure. Nevertheless, the spot market still maintains a notable premium level, which supports a rebound in the short term.

Analysis indicates that the recent rebound target is likely to approach the previous ascending trend line position. If the price can achieve this target, it will create a quite remarkable retracement trend, offering investors considerable profit opportunities.

However, the key issue in the market is whether the price can re-establish itself above this trend line. Based on the current market dynamics, my personal judgment is that the price of Bitcoin may show a trend of fluctuating upward in the near future, and this possibility is relatively high.

Investors should closely monitor the relationship between price and trend lines, as well as the changes in spot premium. These factors will be important indicators for judging the future direction of Bitcoin. At the same time, they should also be alert to potential market volatility and manage risks accordingly.

Overall, although the long-term trend structure of Bitcoin has been affected, there is still a chance for a rebound in the short term. Investors need to maintain a cautiously optimistic attitude, closely monitor market movements, and adjust their investment strategies in a timely manner.