$BTC The current Bitcoin market is showing a complex tug-of-war between bulls and bears. During the rebound process, Bitcoin encountered strong resistance at the middle band of the daily K Bollinger Bands, but the overall market still reveals signals indicating that the bulls hold the upper hand. If the daily K closes can successfully break through the middle band and stabilize above it, the subsequent market is very likely to challenge the previously tested high point around 120000, which is the upper resistance of the Bollinger Bands; this position may become the key battleground for both bulls and bears in the next round.

Even if the intraday short positions have helplessly stopped losses, blindly chasing the rise under the pressure of the middle band still carries significant risks, and the operation is overly aggressive. Analyzing technical indicators from different time frames, although the price at the 4-hour level once broke through the upper band resistance, at the current hourly chart level, the price quickly fell back below the upper band after breaking through with a large bullish candle. At the same time, the KDJ and RSI indicators have turned downward after being overbought at high levels, indicating a demand for pullback adjustment in the short-term market. #美国加征关税 #香港稳定币新规 #下一任美联储主席人选