BTC has broken through the significant barrier of 110,000, reaching a new high, but the bulls are under significant pressure. They are charging ahead vigorously, but it's quite strenuous.

Currently, the daily moving averages are rising, and the RSI has entered the overbought zone, indicating that the bulls are still in control of the pace. As long as they maintain this, it is indeed possible to soar directly to 130,000 in one go!

Still the same saying, how can we lure more buyers without pushing higher? How can we unload? If the 20-day moving average at 103,089 dollars is breached, the bulls might think about "locking in profits" and start to dump. Once it falls below the 20-day moving average and breaks the psychological support of 100,000, the short-term market could turn around faster than flipping a page! #比特币突破11万美元 $BTC