Take a look at the small trend of Bitcoin in the 1-hour chart, currently around $98,965. The 7-day, 25-day, and 99-day moving averages have all been突破. The short-term trend is relatively strong, but the price has already touched the upper Bollinger Band and is now pulling back. The short-term momentum has weakened, but it has received support from the Bollinger Band middle line at $98,000. The MACD shows a slowdown in bullish momentum, and the fast and slow lines are about to form a death cross, which may indicate a short-term correction phase. The RSI is currently around 61.85, close to the overbought area, with a slight risk of a pullback. It's best to observe and avoid entering with high leverage.
In the short term, it may enter a consolidation or slight pullback phase, with a focus on the support level at $98,000. If this support holds, the price may continue to rise and test $102,000.
If anyone is trading short-term, you can wait for a pullback to around $98,000 to set up long positions, with a stop loss set below $97,000.