📈 $BTC (2025-06-26 08:45) | Long/Short Trend Index: 72 / 100 (Consolidation with a bullish bias)

BTC is consolidating at a high level below the 107,000 mark, with short-term momentum slightly slowing down, but the overall bullish structure remains intact. MACD and RSI are maintaining an upward trend across multiple time frames, and the price continues to operate above the moving average system. The market continues its rebound and repair trend, with key resistance areas still at 107,800 and 109,500.

🔹 Multi-Period K-Line Trend Analysis:

15-Minute Chart: Slight pullback during high-level consolidation, MACD oscillating near the zero line, RSI 49.6, momentum is weak;

1-Hour Chart: Consolidation after a rebound, MACD golden cross at a high level is flattening, RSI 59.5, short-term long/short are balanced;

4-Hour Chart: Stabilized and maintains an upward channel, MACD red bars are shrinking but not crossing down, RSI 66.6, trend remains stable;

Daily Chart: Rebound breaks above MA25 and stabilizes, MACD death cross continues to converge, RSI 56.4, daily rhythm of recovery continues;

Weekly Chart: Bullish trend continues, MACD maintains golden cross, RSI 62.7, long-term structure is solid.

📊 Technical Indicator Analysis:

MACD: 4H and weekly charts are in a continuous golden cross state, daily chart is about to form a new golden cross, 1H has entered a top divergence warning zone;

RSI: Multi-period RSI is above the midpoint, 4H and weekly are approaching overbought, short-term has a risk of pullback;

Moving Average System: BTC maintains above MA25/99, the bullish arrangement of moving averages is intact;

Trading Volume: Overall volume has increased and converged in the last 24 hours, the market is waiting for a directional breakout. If it breaks above 107,800 with increased volume, it will further open up upward space.

🌐 Macro News Summary (Last 24 Hours):

1. BlackRock's ETH spot ETF structural mechanism has been preliminarily accepted by the SEC, not a first-time application, mainly involving amendments to in-kind redemption details (Coindesk, June 25);

2. Fidelity has resubmitted supplementary documents for the BTC spot ETF, incorporating more on-chain transparency disclosures (SEC website);

3. Federal Reserve officials hint at a possible rate cut in September, the dollar index slightly retreats to 104.6 (CNBC);

4. The number of active addresses on the BTC chain has risen to a two-week high, indicating a recovery in on-chain fund activity (Glassnode).