Recently, Bitcoin ( BTC ) has performed outstandingly, reversing last week's fall in just a few days and showing a strong rebound trend. As of today's closing, BTC is expected to hold above last week's opening price, which is undoubtedly a positive signal.

However, there is still uncertainty in the current market direction. From a technical perspective, the mixed signals from bulls and bears make the likelihood of a one-sided market small. Although the daily chart shows a continuous upward trend and the daily K-line KDJ indicator has formed a golden cross, the weekly K-line KDJ has shown a death cross. In addition, the daily MACD fast line is still below the zero axis, and the slow line is gradually approaching. Although the indicators on the 4-hour level continue to rise, the speed of the coin price increase has slowed down.

Given the current complex market environment, the possibility of oscillation and adjustment is relatively high. Investors need to closely monitor two key price levels: whether it can break above 106500, and whether 104800 can form effective support.

It is worth noting that the trends of Ethereum ( ETH ) and Solana ( SOL ) are highly synchronized with BTC, seemingly following in BTC's footsteps.

In such a complex and ever-changing market environment, investors should remain vigilant and operate with caution. Closely monitor market trends and adjust strategies in a timely manner to seize opportunities amidst the fluctuations.