#BTCPrediction Can the short-term trend reach the $98k area?
- The price is currently maintaining above EMA24, EMA36, and EMA89 (1-hour frame), indicating that the short-term uptrend is still strong.
However, the shorter EMAs (24,36) are converging, warning of the possibility of sideways movement or a slight correction before continuing to rise.
- BOLL The price is nearing the Upper band (≈98,188) and then retraced to the middle region.
The distance between Upper and Lower bands is still widening, indicating high volatility.
- VOL A large volume spike occurred when the price surged from ~94,500 to ~96,500, confirming the uptrend.
When the price hits the Upper band, the volume has