The current BTC price is slightly below the middle Bollinger Band around 111100, but from the formation, the price has rebounded after touching the lower band. The Bollinger Bands are showing a slight expansion after a contraction, indicating that short-term volatility may increase. If the price stabilizes at the middle band and tests the upper band, the upward trend is likely to continue; if it falls back near the lower band, caution is needed for a pullback risk.
From the RSI indicator, the values are around 50, overall neutral to strong, not entering the overbought zone, indicating that the short-term upward momentum has not yet exhausted, but there is no clear trend formed. The KDJ indicator shows a golden cross among the three lines, suggesting that a short-term rebound may continue.
Currently, BTC is leaning towards a short-term oscillation upwards, and it is crucial to pay attention to whether it can stabilize at the middle Bollinger Band and break through the upper band resistance; if the trading volume is insufficient or faces selling pressure, it may maintain range oscillation. $BTC #比特币远古巨鲸持续出清