Technical Analysis
5-minute frame (5p):
• Price has just had a slight bounce from the 94,229 level.
• The MA(7) and MA(25) lines are sloping down, and the price is still below MA(25).
• MACD below 0 and DIF < DEA, indicating that the short-term trend is still slightly weak.
• RSI(6) = 44.50 → weak buying pressure, no clear oversold signals yet.
1-hour frame (1h):
• Price is bouncing up, but facing slight resistance around the 94,500 level.
• MA(7) has just crossed above MA(25) slightly, a positive short-term sign.
• MACD is still slightly negative but is narrowing → potential for a bullish crossover.
• RSI(6) = 51.67 → neutral state, not overbought/oversold.
4-hour frame (4h):
• Price successfully retested the support zone of 93,500 – 93,700.
• MA(7) is still above MA(25) → medium-term trend remains positive.
• MACD is still quite negative, but is flattening out → selling pressure is decreasing.
• RSI(6) = 50.95 → neutral, not leaning strongly towards buying or selling.
Overall Assessment
• BTC is in a short-term accumulation phase after bouncing from 92,800 to 94,400.
• The RSI and MACD signals are not too strong, more suitable for range trading than strong trend trading.
• Expected range for the next 24 hours: 93,800 – 95,200.
Proposed Future Strategy (short-term 24h)
Scenario 1: Range Trading
• Sell/Short near 95,000 – 95,200 (when RSI > 60 at 5p/15p).
• SL: 95,500
• TP: 94,300 → 94,000
• Buy/Long near 93,800 – 94,000 (when RSI < 40 at 5p/15p).
• SL: 93,300
• TP: 94,600 → 94,900
Scenario 2: Strong Breakout (if any)
• Strong Long if the price breaks 95,500 with high volume.
• SL: 95,100
• TP: 96,200 → 97,000
• Strong Short if the price breaks below 93,300 with high volume.
• SL: 93,800
• TP: 92,500 → 92,000
Important Note
• Range trading is preferred in smaller frames (5p–15p) with reasonable leverage.
• Manage risks closely, do not FOMO when breakout is not clearly confirmed.
• If BTC stays sideways for a long time, be patient, avoid entering too many trades.
