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Current BTC Trend Analysis and Trading Recommendations

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In terms of BTC's price trend, Bitcoin currently shows strong bullish momentum on the 4-hour K-line chart. Although there was a significant pullback in early trading yesterday, the price rebounded sharply during the U.S. trading session last night.

From a short-term perspective, the MACD indicator continues to diverge above the zero axis, indicating that the bullish trend remains intact and shows no obvious signs of weakening in the short term. The RSI indicator may currently be in the overbought zone above 70, suggesting a risk of short-term correction. However, as long as the key support level is not broken, the upward trend will continue.

The price is currently above the 21-period EMA , indicating a short-term bullish bias. The EMA21 may provide dynamic support near $100,000.

For this rebound, attention should be paid to the resistance level at $109,600 (all-time high). Once the bulls strongly break through this level, they may next challenge the $110,000-$120,000 range.

BTCUSD
buy@103000-104000 tp:105000-106000
sell@107000-106000 tp:104500-103500

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