$BTC BTC This surge is too strong! Is 100,000 within reach?

#Digital Asset Legislation

The “Red Three Soldiers” pattern has been bullish for three consecutive days, directly boosting the bullish momentum. The price has now reached the upper Bollinger Band, indicating that market sentiment is fully enthusiastic, with buy orders flooding in as if they were free.

Short-term bullishness is a given, but be cautious— the widening of the Bollinger Band indicates that volatility is surging, and the price may bounce around like a roller coaster. Keep an eye on two key resistance levels above: one is the previous high of 97424, and the other is the extended upper Bollinger Band level of 97791; these two positions are likely to face a “bearish assault.”

Technically, everything is bullish:

▶︎ The K-line combination of Red Three Soldiers clearly shows the cards, with bulls in control of the situation.

▶︎ The short-term EMA moving averages are completely riding above the long-term ones, a typical short squeeze scenario.

▶︎ The Bollinger Band is almost flaring up like a trumpet, but the price is stubbornly sticking to the upper band, which shows that the bulls are not afraid at all.

▶︎ The MA moving averages are collectively diverging upwards, resembling the early stages of a bull market.

The pattern is even more exciting— not only has it broken through the downtrend line, but it has also directly overturned the Fibonacci “ice line” resistance level. This bullish movement is serious. All signals on the 30-minute level are green; each pullback is a buying opportunity, but don’t chase too hard— remember the iron rule: “Buy low to become rich, chase high to ruin your life!”

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