Bitcoin (BTC/USD)

Price performance: up +1.48%, $117,749, reaching a new short-term high.

Technical analysis:

The MACD shows a strong golden cross, the fast and slow lines continue to rise, and the momentum histogram is continuously enlarging, indicating a strong bullish trend.

Trading volume is significantly increasing, showing strong buying intent from the bulls.

News:

The market expects the Federal Reserve to keep rates unchanged, which has caused a general rebound in risk assets.

ETF positions continue to grow, strengthening institutional buying.

BTC summary: the upward trend has strong momentum, and in the short term, it is expected to challenge $120,000.#BTCBreaksATH