#BTC重回10万

Currently, from the 4-hour perspective, the price has continuously rebounded upwards, the Bollinger Bands are in an opening posture, and the stochastic indicator in the sub-chart has also entered the overbought zone, which to some extent limits the price's ability to continue rebounding.

Looking at the 4-hour chart, the momentum of three consecutive bullish candles is starting to decline, and continuous upward movement will inevitably lead to a wave of high probing and a pullback. The consecutive bullish candles will be broken by a wave of small bearish candles. Finally, we will observe the market from the 1-hour chart.

The ongoing upward movement has lost momentum near 100500 and is beginning to stall, suggesting a pullback extension downwards, so our outlook can continue to be bearish.

The big pie price is around 100300 🈳, target 98000.