Will BTC push to 103,000 again, is it a new starting point for the bull market or a local high point? Bitcoin has quickly rebounded in the past two days, targeting the 103,000 yuan level in the short term, attracting market attention. 103,000 is not only a psychological round number but also an important resistance area from earlier; whether it breaks through will affect the subsequent trend direction. From the perspective of capital flow, the number of transactions on the Tether chain has increased, indicating a willingness for off-exchange funds to flow back; meanwhile, the long-to-short ratio on mainstream exchanges leans towards bullish. In terms of technical indicators, the daily RSI has returned above 50, and the KDJ has formed a golden cross, showing that the rebound momentum still exists. However, it is essential to be cautious as the market has not yet formed a sustained increase in volume. If the 103,000 level is not broken, there may be a risk of a second bottom test in the short term. It is recommended that short-term investors focus on range trading, control their positions well, and wait for clear breakout signals before adding positions.
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#BTC行情预测
Will BTC push to 103,000 again, is it a new starting point for the bull market or a local high point?
Bitcoin has quickly rebounded in the past two days, targeting the 103,000 yuan level in the short term, attracting market attention. 103,000 is not only a psychological round number but also an important resistance area from earlier; whether it breaks through will affect the subsequent trend direction. From the perspective of capital flow, the number of transactions on the Tether chain has increased, indicating a willingness for off-exchange funds to flow back; meanwhile, the long-to-short ratio on mainstream exchanges leans towards bullish. In terms of technical indicators, the daily RSI has returned above 50, and the KDJ has formed a golden cross, showing that the rebound momentum still exists. However, it is essential to be cautious as the market has not yet formed a sustained increase in volume. If the 103,000 level is not broken, there may be a risk of a second bottom test in the short term. It is recommended that short-term investors focus on range trading, control their positions well, and wait for clear breakout signals before adding positions.