BTC Technical Analysis: Rational Response Strategies During High-Position Volatility Period]

1. Multi-Timeframe Structural Positioning

- Current price continues to be constrained by the EMA(55) moving average system resistance (98.8k-95.2k oscillation range), and a triple false breakout structure has formed on the daily chart!

2. Market Sentiment Game Dimensions

- The historic breakthrough at the 100k threshold has generated a localized wealth effect, but on-chain data shows:

▶ The net outflow ratio of whale addresses in the last 7 days reached 23%

▶ The perpetual contract funding rate remains at a high of 0.15%

▶ The implied volatility (IV) index has fallen back to the neutral range of 45%

The above indicators confirm that the current phase is typical of "profit-taking on bullish positions + liquidation of long positions," lacking new driving momentum.

3. Operational Framework Recommendations

- Cost-performance strategy:

▶ Main position remains cautious

▶ Short-term opportunities can be captured in the 95.2k-98.8k range #加密货币普及 #美国加征关税 $BTC