$BTC Aping has already gone short!

The current status of BTC can be summarized as: "Long-term trend is upward, but short-term is a bit tangled."

- Bullish Support: The price is above the 120-day and 200-day moving averages, and long-term funds are still "propping up," suitable for medium- to long-term investors to hold.

- Short-term Pressure: The upper Bollinger Band (106481) and SAR point (106415) form short-term resistance. If the price cannot break through, it may fluctuate between 106242 (lower band) and 106481 (upper band), similar to "swaying back and forth in a box."

- Risk: MACD negative value + SAR close to the price, need to be alert to short-term pullbacks (such as a retest of EMA30 or MA120 for support), but there is no need to panic unless the price falls below MA200 (105769); otherwise, the long-term trend is unchanged.

Operation Suggestions (for reference only)

- Short-term Traders: Pay attention to the breakout direction of the Bollinger Band range, going long above 106500 and trying a light short below 106200, quick in and out.

- Medium-term Holders: Rely on MA120 (105822) as the stop-loss point. If the price stabilizes, continue to hold and wait for the trend to clarify.

- Newbies Note: The current indicators have some contradictions (long-term bullish, short-term weak), try to avoid chasing highs and selling lows, and patiently wait for the market to "choose a direction."

Final Summary

BTC is currently in a delicate stage of "attack when possible, defend when necessary," with the long-term trend still dominated by bulls, but the short-term needs to digest the pressure of resistance and momentum divergence. Investors can manage their positions by playing short-term fluctuations with small positions while following the long-term trend with larger positions, while closely monitoring changes in the macroeconomy, policy news, and other "fundamental" changes—after all, technical indicators are the "rearview mirror," while market sentiment and capital flow are the "steering wheel."

Note: The above analysis is based on simulated data and does not constitute investment advice.