#BTC $BTC【Continue to be bullish, wait for a pullback before entering】

Candlestick Pattern:

- Recent candlesticks show a continuous upward trend, especially between May 21 and May 22, where a large bullish candlestick appeared, indicating strong buying power.

- The current price is oscillating at a high level, forming a slight pullback, but overall still remains in an upward channel.

Technical Indicators:

- MACD: The MACD histogram continues to expand, and the DIF line crosses above the DEA line, indicating the market is in a bullish trend.

- RSI: The RSI value is close to the overbought zone (above 70), but has not significantly pulled back, showing a strong market.

- EMA: The short-term EMA7 and EMA30 are both running upward and maintain a certain distance from EMA120, supporting the current upward trend.

Trading Volume:

- On May 22, trading volume significantly increased, accompanied by a price rise, showing positive capital inflow.

- In recent periods, trading volume has decreased, which may indicate the market is entering a consolidation phase.

Pattern:

Clear breakout of the trend line, continue to be bullish

Signal:

The trend is strong, all signals are bullish signals

Support:

109500-110000

Resistance:

115000