📈 $BTC (2025-07-10 08:32) | Long/Short Trend Index: 88 / 100 (Extremely Bullish)
BTC has rapidly broken through $111,000 in the past few hours, with short-term momentum surging. Multi-period moving averages are showing a bullish arrangement, and RSI and MACD have both entered a strong zone. If $111,500 can stabilize, the target will look towards $113,500-$115,000. The daily and weekly structures are intact, and the trend is entering an acceleration phase with increasing volume, requiring attention to short-term volatility and washout risks.
🔹 Multi-Period K-Line Trend Assessment:
15-Minute Chart: Price has strongly broken through, stabilizing above MA7/25/99, MACD shows a slight pullback after reaching a high peak, RSI has retraced to 57.9, undergoing short-term corrective consolidation;
1-Hour Chart: Continuous long bullish candles have broken through the range, MACD has a strong golden cross above the zero line, RSI has risen to 65.7, momentum remains strong;
4-Hour Chart: Bullish formation is clear, MACD has a significant volume golden cross, RSI has surged to 66.7, price stabilizes above key moving averages, trend continuation is strong;
Daily Chart: Breaks through previous highs and stabilizes, moving averages show an expanding arrangement, MACD golden cross is in volume, RSI rises to 62.1, the technical aspect enters a main upward trend;
Weekly Chart: MACD high golden cross remains intact, RSI rises to 65.4, trading volume continues to expand, indicating an influx of medium to long-term buying.
📊 Technical Indicator Analysis:
MACD: 1H/4H/Daily/Weekly all show golden crosses upwards, momentum bars continue to grow, but there are slight signs of high position divergence that need observation;
RSI: 15m retraces to 57.9, 1H/4H/Daily/Weekly all maintain strength (>60), showing comprehensive release of bullish momentum;
Moving Average System: MA7/25/99 moving averages are all crossing upwards across periods, 4H and Daily moving averages are widening, price stabilizes above;
Trading Volume: Breakthrough accompanied by increased volume, genuine momentum, BTC bulls do not show signs of artificial pull, with potential for further upward movement after short-term consolidation.
🌐 Macroeconomic News Summary (Last 24 Hours):
1. [Reuters July 9] ETF funds have once again significantly flowed in, with a total scale exceeding $12 billion. Bank of America states that "Bitcoin liquidity is recovering";
2. [CoinDesk July 9] Coinbase data shows that the average daily trading volume for U.S. institutional accounts has increased by 23% this week, indicating new major players;
3. [Glassnode July 9] The number of active addresses on the BTC chain has risen to a three-week high, with increased activity potentially supporting a new round of price rises;
4. [The Block July 9] BTC outflows from miner wallets have reached a new low since December 2024, with extremely limited selling pressure.