$BTC According to the chart, as of July 12, 2025, at 4:08 PM (CST), the price of $BTC/USDT on Binance is $117,791.31, with a 24-hour increase of 0.04% and a trading volume of $1.853 billion. Technical indicators show: SMA trend is upward, MACD shows a positive divergence (12.26), RSI is at 105.20%, indicating an overbought zone, which suggests potential pullback pressure in the short term. Bollinger Bands (BB) and SAR support a long-term upward trend, with prices stabilizing within the ranges of 20 and 0.02. Historical data indicates that $BTC has recently maintained strength, but the overbought condition suggests caution. Market sentiment is enthusiastic, and it is recommended to pay attention to the support level of $107,347.61 and the resistance level of $121,042.23, as short-term volatility may intensify.