#BTCBackto100K #BTCBackto100K Technical analysis on the 1D frame of BTC, invite everyone to refer to it.
1. Overall trend:
BTC is in a strong upward trend, with a continuous series of green candles and the price has surpassed the important psychological level of 100,000 USDT.
The latest candle has a long upper wick (peak of 106,680 USDT) indicating that short-term profit-taking pressure is emerging.
2. EMA lines:
EMA7: 101,224 USDT
EMA25: 96,059 USDT
EMA99: 92,545 USDT
=> The price is currently above all major EMAs, confirming that the upward trend is still very strong and clear.
3. RSI Indicator (6):
The current RSI is 83.2, indicating that BTC is in an overbought state, posing a risk of technical correction or short-term profit-taking.
4. MACD:
The DIF and DEA lines are clearly trending upward, with a very strong positive MACD.
The histogram has just turned positive again after a minor correction, indicating that the upward momentum may continue unless there is strong resistance.
5. Volume:
Volume has been gradually increasing in recent sessions, supporting a sustainable upward trend.
6. Notable technical areas:
Short-term resistance: 106,680 – 108,000 USDT (candle peak + psychological zone).
Near support: 101,200 – 102,000 USDT (EMA7).
Stronger support: 96,000 – 97,000 USDT (EMA25 + old accumulation zone).
Reference strategy:
If holding Long: can take profit 30–50% around the current area, keep the remaining part and move SL up around 101,000–102,000 USDT.
If not in a position: should wait for a pullback to the 101,000 – 102,500 area for safer re-entry. Avoid FOMO as RSI is very high.
If BTC breaks below 101,000, it may correct deeper to 96,000 – 97,000.