$BTC has broken the previous high 😂 Today, the big pancake closed with a large bullish candle on the 3-day line. Although the 3-day line has had 15 consecutive bullish days and is overbought, such a situation is indeed rare. However, from today's 3-day line perspective, there is still a probability of reaching a new high. 💁 Upper resistance: 114000. Currently, the daily line remains strong. Last night's rise caused the MACD fast and slow lines to resolve the top divergence, but the volume bars still show divergence. However, these indicators are not very significant at the moment. Until the daily line shows a bearish candle or breaks down the rising channel, we should not blindly go bearish. Although we are going with the trend, it is definitely not appropriate to go long or chase long positions at this point. Pay attention to the rising trend line around 104900-104600, which is a good entry point for long positions. Stop loss at 104100. If this level is broken, the rising channel will end. Watch today's upper resistance: 11W/112000/114200 and lower support: 107800/116200/105100.
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