$BTC Breaks Historical High

BTC reached a historical high of $112,040 on July 9, entering the price discovery phase after breaking the May high. Short-term support levels are focused on $111,500-$111,000, while resistance is in the range of $113,760-$115,000.

Trend Indicator Signals

Moving Average System: The weekly MA30 remains upward, and the daily line finds support at the MA30 (approximately $69,625).

RSI Indicator: After breaking, the RSI overbought condition has eased, with the 30-day unrealized profit and loss ratio at the 80% percentile, indicating that most holders are profitable but have not reached extreme selling levels.

MACD: The daily MACD golden cross continues, with sustained volume above the zero line on the weekly.

Risk Warning

Overbought Correction: Short-term excessive gains may lead to profit-taking; attention should be paid to the effectiveness of resistance near $113,760.

Macroeconomic Variables: CPI data and Federal Reserve decisions on July 11 may trigger volatility, requiring attention to signals of policy shift.