#BTC $BTC

Candlestick Pattern:

- The recent hourly candlestick shows that the price fluctuates around 94000, forming a slight oscillation trend.

- A large bearish candlestick has appeared on the daily chart, indicating that there is some selling pressure in the market.

Technical Indicators:

- MACD: The current MACD is in the negative territory, and both DIF and DEA are moving downward, indicating the possibility of continued adjustment in the short term.

- RSI: The RSI value is 43.57, close to the neutral range, but slightly weak, suggesting that market sentiment is not strong.

- EMA: EMA7, EMA30, and EMA120 are in a converging state, with the price running below EMA7, showing a bearish short-term trend.

Vegas Moving Average Trend: The 1-hour moving average pattern is clearly bullish; although the market may face slight adjustments, the 1-hour trend remains bullish.

2-hour Signal📶: Just bounced back to support levels; after the current market adjustment, we continue to see a strong bullish outlook.

Support 92500-93000

Resistance 95000-96000#BTC走势分析