$BTC

Trend Observation:

1. Long-term Trend:

• On the monthly chart, Bitcoin maintains a strong upward trend and continues to stay above the moving average (EMA).

• The MACD indicator shows a bullish arrangement, with volume steadily increasing, indicating that the bulls are still in control.

2. Mid-term Trend:

• The weekly and daily charts show that upward momentum is gradually strengthening, but there is some risk of a pullback.

• The ADX in the DMI indicator remains on the rise, indicating that trend strength has not faded.

• The Stochastic RSI is hovering in the high zone, showing signs of overbought conditions, and short-term pullback risks should be noted.

3. Short-term Trend:

• On the 4-hour and 1-hour charts, prices are approaching the upper pressure zone ($110,000), facing some oscillation pressure.

• The MACD shows signs of a high divergence, suggesting a potential pullback correction in the short term.