🛠 Technical Analysis

• The daily and weekly charts show that BTC is positioned within a bullish formation, with a short-term entry into a flag consolidation or sideways phase, still leaning towards a bullish pattern.

• In the short-term chart, BTC rebounded after hitting a low of $104,200, currently positioned below the 20EMA and 200SMA, indicating that short-term pullback pressure remains.

• RSI is in a neutral range, MACD continues to lean bullish, but trading volume needs to increase further to support a breakout.