$BTC

Congratulations to BTC for successfully hitting 100,000 USD. This is a historic moment and also a concentrated explosion of market sentiment. From November 22 to yesterday, December 4, the trading volume on the daily chart has significantly decreased compared to the previous market, while the Fear and Greed Index reached 81, and the CMC Altcoin Season Index hit 83. The market heat appears to be unprecedentedly high, but hidden signals of cooling are lurking behind.

Typically, in the face of significant psychological thresholds like 100,000 USD, the market finds it difficult to achieve a breakthrough in one go. Even if a successful breakthrough occurs, it often requires a period of consolidation and strength accumulation. Historically, when BTC breaks through important resistance levels, it is often accompanied by certain fluctuations and high-level volatility. This is not only a correction of the previous rise but also a buildup for a stronger increase in the future. This attempt to reach 100,000 will likely be no exception; I believe it may experience a momentum decline adjustment period in the short term, but this does not affect the long-term positive trend.

Technically, the daily MACD has already shown high-level convergence, with the momentum bars gradually shortening, and the pressure on the upper Bollinger Band remains significant. Although the volume breakout has been completed, whether it can hold steadily in the future depends on whether the trading volume can continue to expand, and whether funds can flow back into BTC.

Short-term risk signals are increasing, but in the long run, BTC is still a highly promising asset. Every breakthrough of a historic high point requires time to digest resistance; what we need more is patience.