$BTC Currently operating in a typical strong yet cautious upward channel. The price of 106580.89 is about 10 dollars below the upper Bollinger Band (106591.61), this distance gives the bulls enough breakout space, while maintaining a safety cushion of around 165 dollars above the middle Bollinger Band (106415.35). Although the 5-minute cycle shows strong upward movement, a trend strength of 0.28 is relatively weak, suggesting that this upward momentum still needs further confirmation. Notably, the RSI remains in the neutral range at 53.83, indicating that the current upward trend still has room for continuation and has not entered an overheating state.

From the perspective of momentum indicators, some divergence signals have emerged that warrant attention. Although the moving average system shows a bullish arrangement, the MACD has turned bearish, and such divergence typically suggests that short-term adjustments may be on the horizon. However, considering that the current trading volume remains at normal levels and the volatility is only 0.74, indicating relatively stable market sentiment, this divergence is more likely a demand for short-term adjustments rather than a trend reversal signal. The overall bias still leans bullish;