Bitcoin Stalls at Highs: Analyst Warns of Potential Pullback

Bitcoin's short-term trend is uncertain as it failed to break its high. According to Zhang Lihui, Bitcoin made another attempt at the upper band of the 1-hour chart in the evening, but instead saw stagnation and a pullback.

The current channel remains parallel, with the MACD volume above the zero axis declining. However, the golden cross is still continuing.

As per Zhang Lihui's analysis, Bitcoin may face a parallel overhead resistance near its previous high, which could be a low-risk opportunity to try short positions.