【Market Storm Before the Night!】Bitcoin's 'Sword of Damocles' Hangs Overhead, Double Top Reversal Signal Emerges!

Market sentiment has reached a historical high of 78%, and the risk of a double top reversal is approaching! As the price of Bitcoin continues to rise, the current risk-reward ratio has significantly decreased. Investors must remain vigilant against excessive greed.

From a technical and news perspective, although Bitcoin shows strong momentum, its rapid rise has caused it to severely deviate from the moving averages, posing a risk of correction in the short term. Changes in policy, geopolitical factors, and other elements could also trigger market fluctuations at any time.

The current Bitcoin market is in a critical oscillation period, having encountered resistance and retreated around $105,000. It is expected that the price will continue to oscillate within this range until it breaks through the current balance state.

The market is in a stalemate, waiting for the moment of explosion!