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Candlestick Patterns:
Recently, a long upper shadow appeared on the 1-hour chart (e.g., after the high of 94,789.08 at 04:00 on January 6, followed by a pullback), indicating selling pressure above.
The daily chart closed bullish for two consecutive days and broke through the previous high, forming an upward channel structure.
Technical Indicators:
MACD: On the 1-hour chart, DIF crossed below DEA to form a death cross (530.75/588.16), but on the daily chart, the MACD histogram continued to expand to 1765.78, showing conflicting signals across multiple timeframes.
RSI: The 1-hour RSI(14) is hovering in the neutral zone at 62.43, and the daily RSI(14) is at 65.62, not reaching overbought levels, indicating potential for further upward movement.
EMA: The price is above EMA7(93950) and EMA30(93150), with a bullish alignment of the three moving averages (7 > 30 > 120).
Volume:
Significant volume increase during key breakout periods (e.g., at 23:00 on January 5, with a volume of 1929).
Currently, the 1-hour volume has shrunk to 106, caution is needed for potential exhaustion of momentum.