BTC is currently trading between the middle and upper bands of the Bollinger Bands, with the middle band trending upwards, forming an overall upward channel. In the short term, it may be under pressure from the upper band; if it breaks through, further upward space will open up. If it falls back, the middle band can serve as a support reference.

From a technical perspective, the Relative Strength Index (RSI) is above 50, indicating that bullish strength is dominant, but it has not entered the overbought zone, leaving room for upward potential. The J line of the Stochastic Oscillator (KDJ) is turning upwards, suggesting a potential continuation of the rebound in the short term. The MACD's momentum bars are green but are continuously shortening, with signs of the fast line crossing above the slow line. If a golden cross forms, it will strengthen the short-term bullish signal.

The short-term market is in a fluctuating upward trend, with the Bollinger Bands, RSI, and KDJ all indicating that bullish strength has not exhausted, but attention should be paid to the pressure at the upper band of 114,000. In terms of operations, if the price stabilizes above the upper band, a higher target can be set; if it falls under pressure, it is necessary to observe whether the middle band support is effective; if it breaks down, caution should be taken regarding the risk of a correction. $BTC #比特币巨鲸换仓以太坊