$BTC BTC is currently reported at approximately $103,197, down about 0.42% from yesterday, with an intraday fluctuation range of $102,240 - $105,863. After breaking through the significant psychological level of $100,000, it has entered a high-level consolidation phase, maintaining a price above $100,000, indicating strong support in the current range.
Technical Analysis
From a technical perspective, the RSI index is in a neutral to strong area, but has retreated compared to previous levels, indicating a weakening of short-term upward momentum; the MACD indicator still maintains a bullish pattern, but the height of the histogram has decreased; the price remains well above the 50-day moving average and the 200-day moving average, keeping the medium to long-term upward channel intact. Although there are signs of a short-term pullback, overall it remains in a strong bullish structure.