$BTC BTC's recent surge is incredible! Is 100,000 just around the corner?
#Digital Asset Bill
The 'Red Three Soldiers' pattern of consecutive bullish candles over the last three days has significantly boosted bullish sentiment, and the price has now reached outside the upper Bollinger Band, clearly indicating that market sentiment is completely euphoric, with buy orders pouring in as if money is no object.
Short-term bullishness is a given, but keep an eye out—an expanding Bollinger Band indicates that volatility is rising, and we might see price movements resembling a roller coaster. Two key resistance levels to watch closely: one is the previous high of 97,424, and the other is the extended upper Bollinger Band level of 97,791; these two positions are likely to face a 'bearish assault'.
Technical indicators are all bullish:
▶︎ The K-line combination of Red Three Soldiers clearly shows bullish control over the market
▶︎ The short-term EMA moving averages are completely above the long-term group, indicating a classic short squeeze
▶︎ The Bollinger Band is almost transformed into a horn shape, but the price is stubbornly sticking to the upper band, showing that bulls are not backing down
▶︎ The MA moving averages are collectively diverging upwards, resembling the early stages of a bull market
The pattern is even more exciting—having not only broken through the downtrend line but also overturned the Fibonacci 'ice line' resistance, this bullish wave is serious. The 30-minute signal lights are all green; each pullback is an opportunity to get on board, but don’t chase too aggressively; remember the iron rule: 'Buy low to enrich the third generation, chasing high will ruin a lifetime'!
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