#BTC☀️ Bitcoin (around $102k-$103k) shows short-term bullish momentum within a rising channel, targeting $105.5k resistance. A break above could signal further gains. Medium-term also leans bullish but RSI suggests potential overbought conditions. US-China tariff reduction and strong spot ETF inflows are positive catalysts. Low VIX also supports a "risk-on" environment. However, watch for the $105.5k resistance and potential pullback. Leverage-driven rallies and overall market sentiment remain key factors. While short-term outlook is optimistic, caution is advised due to overbought signals. Long-term trend remains positive.