$BTC

Recently, the price of Bitcoin has shown a trend of fluctuating upward. The price has risen directly from a low of 101225, breaking through and stabilizing above the $10900 mark, with only one resistance level remaining before reaching a new high.

In the short term, there have been multiple attempts to break through but have not been successful, presenting a risk of a pullback. The support level is around $100000-103000, and if this range is broken, there is a strong possibility of further testing the $95,000 level.

In terms of technical indicators, the MACD shows a shortening of the green bars, suggesting weakening momentum, and attention should be paid to whether a death cross signal appears. The RSI is in the mid-high range, close to the overbought area, and it is recommended to closely monitor the possibility of a pullback. Personally, I believe the current market is leaning bullish, but one should be wary of risks of high-level fluctuations or corrections. #BTC