The PA of BTC approaching $100,000 has attracted widespread attention and represents a key technical and psychological turning point in the market. Despite the remarkable significance of this milestone, there are still reasonable concerns about the sustainability of the uptrend and the possibility of a pullback.

From the price chart, it can be seen that after the long consolidation period earlier this year, BTC has shown resilience and continues to maintain an upward trajectory. The key moving average, especially the 50 EMA, still serves as dynamic support, keeping the price above. In addition, the gradual slope of EMA indicates a good trend and lays the foundation for continued bullish sentiment in the future. However, volume analysis suggests caution.

The recent trading days have seen a gradual decrease in trading volume, indicating that the buying momentum that propelled BTC to this level may be weakening. Without strong growth in new buying activity, the price may struggle to sustain this level, potentially leading to a pullback.