Looking at BTC's recent trend, it's quite interesting. On the daily chart, the price is close to the upper Bollinger Band, short-term moving averages are diverging, and the MACD histogram is getting larger, indicating that the bulls are still quite determined. However, the four-hour chart is a bit more complicated—price is encountering resistance near the previous high of 97,900, and trading volume is starting to shrink, so be careful not to be caught off guard by a pullback. On the one-hour chart, the short-term moving averages were initially stuck together but are now starting to turn upward. Although the RSI has entered the overbought zone, there are no signs of weakening yet, so there is still momentum for a continued upward push.

Overall, BTCUSDT is still operating within that oscillating upward channel. Currently, it is in a strong rally phase. The daily level clearly shows a bullish outlook, but the short-term cycle is testing key resistance levels. My main focus is whether 97,900 can be effectively broken—if volume increases and it breaks out, then holding on is fine. But if it fails to break through and starts to pull back, risk management is necessary. What does everyone think?