Bullish celebration! Charging at the high of 107180, beware of overbought pullbacks!
Brothers, BTC is definitely on the rise at this price! The bulls are in charge, and the upward momentum is fierce!
In the short term, a surge is highly probable, with the previous high of 107180 right in front of us. Are we going to touch it? Or even break through?
However, celebration should come with caution! The RSI is in the overbought zone for short, medium, and long terms, is it too hot to handle? The market sentiment is high, but be careful of excessive joy leading to sorrow. There could be profit-taking that triggers a pullback at any time!
How strong is the signal? Look here!
"Red Three Soldiers" shining bright, the upward trend is vigorous, a definite charge!
"Belt Hold" is stable, with solid support at lower levels, the buyers are confident!
MACD double lines floating above water, red bars rising sharply, is this momentum not strong?
The moving averages are even better, with the short-term climbing above the long-term, a typical one-sided rise, stable!
So, the strategy is two words: go with the flow! But don't forget to buckle up! Set a stop-loss around 105500, just in case the market "reverses to pick up people", we don’t want to be thrown off! The feast is great, but don’t get too greedy!
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