‍#BTC能否冲上11万？

Recently, the price is in a fluctuating state, showing an overall trend of fluctuating upward, but facing adjustment pressure.

In the short term, prices may continue to look for direction amidst volatility. The signals from EMA and MACD indicate a pullback risk in the near term, meaning there is a possibility of further decline to lower support levels. The short-term EMA is above the long-term EMA but is about to cross downwards to form a death cross, indicating a weakening short-term trend and pullback risk. The MACD histogram has shifted from positive to negative and is expanding, with the fast and slow lines intensifying downward pressure, showing that the market has entered a downward trend.

The current price is running near the support line. If it breaks below the support level, further declines should be guarded against. At this time, it is recommended to maintain a wait-and-see approach or moderately short, while paying attention to the reaction at key resistance levels, as this will affect the further development of the trend.