Bitcoin has recently returned to a key technical support level, indicating sustained market interest in it:
Technical Analysis: After Bitcoin surpassed $100,000, technical indicators like RSI and MACD show a bullish short-term outlook, but caution is advised regarding pullback risks.
Market Sentiment: Discussions on social media are mostly optimistic, but sentiment can change quickly; attention should be paid to macroeconomic factors and policies.
Risk: The market may pull back, especially when trading volume does not cooperate.
Outlook: If it breaks through the current resistance, it may rise to $104,000, but caution is needed regarding market volatility.
