February 11, 2025, Morning Pancake Market Trend Analysis
BTC's Short-Term Difficult Times May Come to an End!
Since February 4, when BTC started a [Rapid Rise and Slow Decline], a week of volatile weakening ensued, with a low point reaching 94,000, leaving the market quite desolate.
This situation began to change last night:
Benefiting from the continuous rise in international gold prices, BTC, which has some safe-haven attributes, also began to rise passively and is gradually evolving from a passive increase to an active increase. This is good news for the bulls!
In last night's BTC text analysis, we mentioned: "The MACD energy bars on the 4-hour chart began to contract last night, indicating that the downward momentum of the market is weakening. If the energy bars return above 0 in the future, BTC's price is expected to stop falling and rebound, making another upward push.
After a night of fermentation and this morning's market movements, this expectation is turning into reality. If all goes well, this afternoon the MACD energy bars will return above the 0 axis, and driven by this, BTC's price will also begin to rise.
First Resistance: 100,000 threshold. As long as it breaks through and stabilizes at 100,000, BTC will once again challenge the historical strong resistance of 106,000-107,000!
For the aggressive, it is advisable to cautiously set up long positions; for the conservative, it's not too late to wait until it stabilizes above 100,000 before positioning.
