BTC has recently experienced a surge in volume, with trading activity significantly increasing compared to the previous cycle. Additionally, the CME futures market has left a gap in the 90500-91500 range, which could serve as a short-term support level.

From a technical perspective, the daily MACD remains in a bullish crossover, with the red histogram continuously expanding, indicating sustained bullish momentum; the RSI is currently in the 65-70 range, not yet entering overbought territory, leaving room for further upward movement.
The price is steadily above the 20-day and 50-day moving averages, with the moving averages arranged in a bullish configuration, indicating a positive trend structure. On the capital side, spot ETFs continue to show net inflows, providing ample liquidity support for the market.
If volume continues to support the move, the price may attempt to challenge the resistance near 94500. Once a valid breakout is achieved (stabilizing above this level and not falling back after a pullback), a new upward space is likely to open, and the CME gap fill window may be delayed.
In the short term, focus should be on the breakout strength and volume changes at the 94500 resistance level. The gap area below can serve as a reference for defense. #BTC