#BTCBreaksATH Volume and Volatility:The 24-hour trading volume is robust ($13.77–$43.85 billion), indicating strong market participation.
The Average True Range (ATR) suggests moderate volatility (1.94% over the last 30 days), with a rising ATR indicating potential for larger price swings.
The Squeeze Momentum Indicator shows volatility compression, suggesting a potential explosive move soon, though the direction is unclear.
Technical Outlook: The technical picture is predominantly bullish, with rising moving averages, healthy RSI, and recent breakouts supporting upward momentum. However, short-term bearish signals (e.g., MACD crossover, failure to break $109,200) suggest a possible consolidation or pullback to $107,800–$108,000 before a stronger move toward $110,000–$112,000. A break below $108,200 could signal a deeper correction to $105,000 or lower.