【Song Cai Mou Analysis】btc analysis

Direction: Bearish

Core Logic**:

1. Extreme Overbought**: KDJ-J value reaches 112 (>100 is extremely overbought), RSI(6) approaches 70, historical statistics show that such signals have over an 80% probability of a short-term pullback.

2. Divergence in Volume and Price**: Price hits a new high (90,904), but trading volume (509M) shrinks compared to the previous day (694M), indicating insufficient upward momentum.

3. Resistance Suppression**: Price is close to the upper Bollinger Band (95,183) and has not broken through, MA5 (89,389) has turned into dynamic support, breaking below will accelerate the pullback.

⚠️ Risk Warning**: If the price breaks out above 91,000 with increased volume, it may trigger short covering, strict stop-loss is required (e.g., 91,500).