Current Price: $102,883.47

1. General Trend:

The overall trend remains strongly bullish after breaking the 100,000 barrier, confirming that the market is still under the control of bulls. However, we notice signs of slowing momentum that indicate the possibility of entering a sideways or short-term correction.

2. Critical Areas:

Strong short-term support: 102,500 – 101,200

Major support: 98,000 – 100,000 (Institutional buying area)

Immediate resistance: 104,800 (Highest peak in 24 hours)

Upcoming resistance: 106,500 – 108,000

3. Momentum Indicators:

RSI (daily timeframe): Around 70 – in the overbought area, but has not reached peak reversal yet.

MACD: Continuous positive signal, but starting to slow down, which calls for caution regarding a slight pullback.

4. Trading Volume:

Trading volume remains relatively high, indicating strong buying interest, but with fewer price explosions, we may witness a consolidation phase before the next jump.

5. Suggested Strategy (for speculation):

Entry: Buy at 101,800 – 102,300

Stop Loss: Below 100,800

Targets:

First target: 104,800

Second target: 107,000

Third target (ambitious): 110,000

Vital Tips:

Do not enter with the full capital all at once; split the entry into batches.

Monitor news and economic conferences – any hint from the Fed may suddenly move the price.

Do not be fooled by momentary bullish candles; wait for the close to confirm breakouts.