Analysis $BTC as of today

🔍 Key Observations:

Price: $106,394 (+1.42%)

RSI(6): 96.28 – extremely overbought condition, usually signaling a possible short-term correction.

Candles: A series of strong green candles — vertical upward movement. This is a sign of strong FOMO movement.

Volume (VOL): Significantly increased. Active participation from buyers, possibly even market makers.

MA7, MA25 and MA99: All moving averages are below the price and trending upwards – strong uptrend.

📈 Forecast for today (short-term):

📉 Correction likely: Due to RSI > 90 and rapid vertical movement, the price may pull back to the support zone $105,600–105,200.

📊 The trend remains bullish if BTC stays above $104,600–105,000.

🛑 Risk of profit-taking: Traders who entered on breaks at $104–105K may partially take profits — thus a selling wave is possible.

📌 Trader's advice:

If already in position – watch the volume and candles at levels $106,400–106,600.

If still out of the market – do not enter at the peak. Wait for a pullback or confirmation of range with volumes.

🔔 Zone of attention: $105,200 – key support for the day. A downward break — a signal for caution.