Bitcoin Short-Term Bullish Trend Analysis

In the past 48 hours, the market capital flow has shown a significant bullish trend, accompanied by concentrated investments from the market makers, resulting in a price increase. By integrating capital flow, market sentiment, and technical data, it is expected that Bitcoin will continue to rise in the short term.

Market Maker Actions: From the analysis of capital flow, the inflow of large orders is significantly higher than the outflow, indicating that market makers are pushing the market higher. This type of capital operation is usually intended to attract retail investors while maintaining the upward momentum of the market. Current capital movements show that market makers are gradually raising prices to accumulate more chips for future price peaks.

Human Factors: In the current market, the greed sentiment among investors is quite evident. As prices rise, more and more retail investors begin to chase the price increases. This sentiment drives continuous capital inflow, further increasing the market’s upward momentum. However, it is worth noting that excessive greed may lead to prices reaching a critical point, where a price reversal could occur at any moment, and market makers might take this opportunity to offload retail investors' chips.

Technical Observations: From a technical perspective, Bitcoin has effective moving average support across multiple time frames, and the price has broken through moving average resistance in the short term, forming an ascending channel. The current bullish advantage is still evident, and capital flow continues to lean towards buying, indicating that the market may maintain an upward trend in the short term.

Conclusion: Considering the market capital flow, market maker behavior, and human-driven factors, Bitcoin still has room for further increases in the short term. It is recommended that investors maintain bullish positions in the current market environment, with target price levels considered in the range of 103,000 to 104,000. If the price approaches these target ranges, special attention should be paid to any signs of market makers offloading, to avoid risks associated with market reversals.

However, if Bitcoin prices fall below the support level of 99,500 to 100,000, it is advisable to adjust positions promptly and prepare for stop-loss measures. Overall, while the short-term outlook is bullish, market volatility remains significant, and investors should remain flexible in their responses.$BTC $ETH