$BTC 😁 Today, after the weekly close, there was a false breakout action for the pancake, spiking up and then falling back to around 107000. It's rare to see a 7-week consecutive rise🫢 The position of 107000 is not far from the peak, even if it’s not the top. Personally, I don't anticipate breaking the previous high of 110K soon. 💁 Looking back at the daily chart, the daily MACD shows divergence again. This morning, the price broke a new high, but the volume did not follow, and there was a large amount of distribution when it consolidated around 105000 a few days ago. In the face of Trump calling out trades every day, the price has been blocked daily. Can he really be so kind to pull it to 120K? At least it's not possible right now. Even today’s breakout confirms to be a false breakout; price without volume, divergence between volume and price. Even if it hits a new high, it’s just a dead cat bounce, and a pullback is definitely in place. Today’s focus on upper resistance: 106600/107800/108400
Lower support: 104000/103000/101000