Recently, the BTC market has been very eye-catching! A few days ago, it broke through 110,000 USD to reach a new high, and then started to pull back. The current price is oscillating around 107,000 USD. From a technical indicator perspective, the daily MACD red bars are shortening, indicating weakening bullish momentum, and the KDJ indicator is crossing down in the overbought zone, suggesting considerable short-term adjustment pressure. However, on the weekly level, it is still in an upward channel, and the long-term trend remains positive.

Currently, there is a significant difference in global regulatory attitudes, and investing in BTC comes with both opportunities and risks. It is essential to do thorough research and make cautious decisions before entering the market.