Current Price:

• $68,124.01, the current price has a clear upward trend, up 1.46% in the past 24 hours.

• 24-hour high: $68,378.95, not far from the current price, indicating that a resistance level may be being tested.

• 24-hour low: $66,666, a short-term support level.

Moving Average (MA):

• 7-day MA: $67,386.78, the price has broken through this MA in the short term, indicating a strong short-term upward trend.

• 25-day MA: $66,732.37, BTC price is stable above this MA, further supporting the upward trend.

• 99-day MA: $63,183.89, the long-term trend is still bullish, BTC is currently well above the long-term MA.

Volume:

• The volume is 2,931.63K, which is larger than before, indicating that the market bulls are strong and the buying is active.

RSI (Relative Strength Index):

• RSI (6): 67.82, RSI (12): 66.93, RSI (24): 65.35, all three are close to 70, which means that the market is close to the overbought range and there may be a risk of a correction. However, market sentiment is still positive in the short term.

Future trend analysis:

1. Support level:

• Short-term support level: $67,386 (7-day moving average), if the price pulls back, it may get support in this area.

• Stronger support level: $66,732 (25-day moving average), which is the key support for the current correction.

2. Resistance:

• The current price is close to $68,378 (24-hour high). If this resistance is broken, BTC may continue to rise, and the next target may be around $69,000.

Overbought still exists. Beware of short-term pullbacks:

• In the short term, market sentiment is optimistic, but as the RSI is close to the overbought range, there may be a small pullback in the short term. It is recommended to pay close attention to the support level of $67,386. If the price stops falling at this support level, it may continue to rebound and try to break through the resistance level of $68,378.

• If it breaks through $68,378, the target may be $69,000 or even $70,000.