Technical analysis by Profit_every_week about Symbol BTC: Sell recommendation (2/9/2025)

Although Bitcoin is currently fluctuating at a high level, there is a risk of a correction in the short term for the following reasons:1. Technical overheating: Bitcoin has been rising for a period of time, and the current price is close to the historical high. Technical indicators (such as RSI, MACD) show overbought status, and may face a technical correction in the short term.2. Market sentiment turns cold: The recent gains have attracted a lot of short-term funds, but some investors have begun to take profits, and market sentiment has gradually turned cold, which may lead to price declines.3. The dollar and US bonds rebound: If the US dollar index rebounds or US bond yields rise, some funds may be diverted, thereby putting pressure on Bitcoin.4. Fund liquidity issues: Although the demand for Bitcoin remains strong, the weakening of liquidity in the short term may lead to increased price fluctuations. If funds flow out, the price may pull back to 90K-92K.In the short term, Bitcoin faces technical pullback pressure and may drop to 92K-90K, but the overall trend is still bullish, and there is still room for growth after adjustment.