Game in Fluctuations, Structure Determines Trend
Today's BTC performance review
After the calm consolidation yesterday, BTC sees a slight rebound today - the current price is $116,810 USD, with a 24-hour increase of about +1.75%. It peaked at $117,596 and dipped to $114,314.
This indicates a slight warming of short-term market sentiment, but it remains in a range of 114,000 to 117,000.
Technical and emotional resonance: short-term warming, but breakthroughs still await emotional fermentation.
From a technical perspective, BTC's slow rise today has not broken through strong resistance, indicating that bulls are cautiously entering.
In terms of sentiment, the Crypto Fear & Greed Index has risen to the 'Greed' stage, suggesting a market recovery, but we must also be cautious of sudden pullbacks in hotspots.