$BTC
The cryptocurrency is currently trading around 106600, with the hourly chart showing that the price is approaching recent highs, but the upward momentum has weakened.
The upper Bollinger Band has formed significant resistance around 107000, and the candlestick chart indicates signs of stagnation in the rise. The MACD fast and slow lines are flattening at high levels, and the red bars are shortening, suggesting that there may be short-term pullback pressure. On the daily chart, although the overall trend remains bullish, there has been no sustained increase in volume in the short term. 107000 serves as a key psychological and technical resistance level, presenting short opportunities.
Evening trading suggestion for the cryptocurrency: open a short position near 107000, set a stop loss if it breaks 108000, with a target at 103000.
