$BTC

Recent prices have rebounded, attempting to break through EMA60, with various indicators showing that the market's upward momentum is strengthening.

In the short term, the market may still belong to an upward trend. The current green three soldiers formation, MACD buy signal, and increased trading volume all point to the possibility of further upward movement.

Due to the current RSI being in the overbought range, short-term risks in the market have increased. It is recommended to closely monitor price trends as well as breakout or pullback signals. When the price approaches the 90000 resistance level, partial profit-taking can be considered to avoid potential pullback risks. At the same time, once the price successfully breaks through and confirms stable operation above 90000, consider increasing positions to welcome potential continued rises. Maintain a flexible and cautious trading strategy to adapt to the rapidly changing market environment.

Candlestick Pattern: The green three soldiers have appeared, and there may be continued upward movement in the short term; the dark cloud cover formation has previously hinted at short-term pullback pressure.

MACD: The MACD indicator has turned positive, indicating bullish signals in the market; the line crosses the signal line, and the trend indicates strong upward movement.

EMA: The short-term EMA has broken through the long-term EMA, indicating a possible price upward trend; the price is above the average line, showing upward momentum.

RSI: RSI shows 76.06, in the overbought range, with market sentiment being relatively optimistic, but caution is needed for pullback risks.

Volume: Increased trading volume supports enhanced market activity, with trading activities strengthening in the short term, and capital inflow supporting the upward trend.