Bitcoin's price has surged to an all-time high of $108,000, sparking speculation on its future trajectory. However, technical indicators like the DMI and RSI signal a weakening trend, with sellers gaining influence.
The ADX has decreased, indicating a loss in momentum. Meanwhile, the +DI has sharply declined, showing reduced buying pressure, while the -DI has increased, suggesting rising selling pressure.
The RSI's drop to 50.9 reflects neutral momentum, hinting at potential market consolidation. The EMA lines further suggest a slowdown in bullish momentum, leaving BTC's future direction uncertain.