### 1. **Short-term Trend (24h):**
- **Current Price:** 98,325.8 USD (+1.51%), above both MA7 (96,878.1) and MA25 (98,189.8), indicating short-term upward momentum.
- **24h Price Volatility:** Price fluctuated from 96,756.1 to 98,662.1, reflecting strong volatility but lacking clear direction.
- **Trading Volume:** Large volume (119,661.796 BTC and 11.70B USDT) supports the current upward trend.
### 2. **Technical Indicators:**
- **RSI(6):** 63.1 (above 50), indicating the market has upward momentum but is not yet in the overbought zone (≥70).
- **MACD:** Positive histogram (182.4) but DIF and DEA are negative (-667.8 and -850.2), signaling that the upward trend may weaken, caution is needed for a reversal.
- **MA99 (97,989.0):** The current price is below MA99, indicating potential downward pressure from the long-term.
### 3. **Support & Resistance:**
- **Key Support:** 86,909.0; 86,602.7; 78,452.0. If the price falls below these levels, a strong downward trend may occur.
- **Key Resistance:** 102,903.9; 110,000.0. If the price breaks through, the upward trend may continue.
### 4. **Forecast:**
- **Bullish Scenario:** Remaining above MA25 and MA7, combined with stable RSI, the price may test the resistance level of 102,903.9.
- **Bearish Scenario:** If the price breaks the support at 86,909.0 or MACD turns negative, selling pressure will increase, pushing the price down to 78,452.0.
### **Conclusion:**
Bitcoin is in a short-term upward trend due to high trading volume and neutral RSI. However, pressure from MA99 and negative MACD indicates a risk of corrective decline. Investors should closely monitor support/resistance levels and signals from MACD to confirm the next direction.