BTC stabilizes at 110,000, and reaching 120,000-130,000 is likely just a matter of time, but there will be bumps along the way. Let me explain three core logics:
1. Moving Average System "Divine Assistance"
The current price is firmly above the 7-day and 30-day moving averages, and the moving averages are stepping up like stairs. This pattern indicates that market costs are increasingly rising, and there is buying support during each pullback, preventing further declines. As long as it doesn't break 109,000 in the short term, the upward structure remains stable.
2. MACD Clearly Bullish
The MACD histogram is still lengthening, indicating that bullish momentum has not diminished. The DIF line is climbing above the DEA line, and this "golden cross on water" is a typical offensive signal. Combined with increasing trading volume, it's like pressing the accelerator to the floor—the car still has to move forward for a while.
3. Volume Breakthrough of "Psychological Barrier"
The integer mark of 110,000, once broken, will trigger a large number of short stop-loss orders and capital rushing in, creating an upward inertia. Historically, BTC tends to climb at least 2-3 steps after breaking key levels. The current market sentiment is already ignited, and as long as there is no sudden black swan event, the main force is likely to take advantage of the momentum.
Operational Advice:
Spot: Hold steady if you have coins, you can increase your position near 110,000 on a pullback, and reduce your position if it falls below 109,000.
Contracts: Don't easily guess the top; primarily look to buy on dips in the 109,000-112,000 range, with stop-loss set below 108,000.
Resistance Level: First, watch the psychological barrier at 120,000; once stabilized, 130,000 will be the next target.
A reminder: Don't let FOMO emotions drive you into mindless rushes; position management is more important than predicting price points. The current market is like boiling water—it's bubbling vigorously, but you also have to be cautious when the steam gets too hot and suddenly turns off.
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