Today's price fluctuates between 107,500 and 108,000, showing a fierce battle between bulls and bears. A breakthrough of the key resistance level at 109,000 may lead to further increases; otherwise, a pullback is possible. Technical indicators show that the bulls are still in control, but there is a short-term need for adjustment, indicating overbought signals. From a daily perspective, the price has achieved three consecutive daily gains and reached a new closing high, but there is a short-term technical adjustment requirement after the market momentum is released. The four-hour chart shows that the Bollinger Bands are moving upward, a MACD golden cross has formed, but momentum is weakening.
The primary coin has a short position between 107500-108000, with a focus on the vicinity of 106000. The secondary coin has a short position between 2480-2500, with a focus on the vicinity of 2380.
