Brothers, Bitcoin has surged to around 105863, overall still in a bullish trend, but it has started to enter a high-level consolidation phase!
A high-level doji has appeared, which is a typical signal of indecision between bulls and bears, possibly indicating that the short-term could either consolidate or reverse and pull back.
The MACD golden cross still exists, momentum is still there, but don't overlook —
The trading volume has not kept up! This indicates that market sentiment is becoming more cautious, and funds are hesitant to charge forward.
The RSI is around 60, in a slightly strong range but not yet overbought, suggesting there is still some upward space, but caution is needed if it pushes higher as a pullback may follow.
The ATR shows an increase in volatility, and the market is beginning to accelerate its rhythm of change; the key resistance level 105863 must be closely monitored!
You can gradually accumulate on dips, but don't rush to go all in.
If it breaks through 105863 and volume increases, then consider adding positions.
If it falls below the short-term support and volume surges downwards, take profits when needed, don’t hold on stubbornly!
The market is at a critical turning point; the next two days' movements will determine whether this rally will hit new highs or start a pullback washout!
Be steady, keep a close eye on the rhythm!
Do you think this wave can break 110,000?
