With BTC price surpassing 100,000 USD and trading volume rising sharply, the market is showing a positive trend.
✅ 1. Market Trend (Trend)
Main trend: Strong uptrend (has exceeded the 100,000 USD mark).
Price action: Creating a new peak >104,000 USD, indicating buyers are in control.
Appropriate strategy: Prioritize buy orders in line with the trend, do not sell against the wave.
✅ 2. Support and Resistance Levels
Nearest strong resistance: 104,300 USD (latest peak).
Important support: 98,000 – 100,000 USD (retest zone).
Order ideas:
Buy when the price retests the 100,000 USD zone with confirmation signals.
Buy breakout if the price breaks above 104,300 USD with increased volume.
✅ 3. Confirmation through Candlestick Patterns
Wait for bullish reversal patterns at support levels: bullish engulfing, pin bar, fakey pattern.
Do not enter orders if the candle closes below the support zone (failed breakdown).
✅ 4. Volume and Momentum
Volume: Increasing in the direction of price rise → confirms a true breakout.
RSI: Check for overbought zone (RSI > 70) → only enter orders if there is divergence or pullback.
MACD: If the MACD line and Signal line diverge upwards → confirms strong upward momentum.
✅ 5. Market Sentiment and News
Fed maintains interest rates → supports risk assets like BTC.
BTC surpassing 100K → creates FOMO, but be cautious of a "false breakout."
Be wary of news that may cause strong volatility (such as upcoming CPI data, ETF spot news,...).
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