Recently, the price movement of Bitcoin has attracted attention. The 4-hour Candlestick Chart shows that although there was a significant fall, the price started to rebound and is currently showing a pump.

Key price levels in the market are emerging, with 110,529.18 USDT as the recent high and 105,100.19 USDT as the low. The current price is close to 109,558.90 USDT, showing signs of a continued pump.

Technical analysis shows that bullish strength is dominant. In the MACD indicator, the DIF value of 242.19 is higher than the DEA value of 145.42, and the MACD value is positive, indicating a bullish market and releasing positive signals. In terms of trading volume, although it is below the 5-day average, it is above the 10-day average, indicating that there is still certain buying support.

However, there is also a risk of a pullback in the short term. The RSI(6) value has reached 76.15, which is in the overbought area, and investors need to remain vigilant.

Overall, Bitcoin is currently in a pump trend, and the technical indicators are generally bullish. However, given the RSI overbought condition, it may face correction pressure in the short term. While investors seize the opportunity for rise, they should also pay attention to risk management and operate cautiously.