K-line Pattern: #BTC 70285862305
Recent prices have been fluctuating between 94000 and 95000, forming multiple small bearish and bullish candles, indicating market indecision.
Technical Indicators:
MACD: DIF and DEA are running below the zero line, with the MACD histogram continuously in negative values, indicating a current bearish trend.
RSI: RSI is hovering around 48, not entering overbought or oversold territory, showing a lack of clear direction in the market.
EMA: Prices are fluctuating between EMA7 (94607) and EMA30 (94698), with EMA7 crossing below EMA30, indicating significant short-term moving average resistance.
BOLL: The 6-hour chart is still locked, indicating that the market will continue to fluctuate.
Signal: The 4-hour signal trend is completely bullish, and the market may experience a slight pullback, but the main direction still looks bullish.
Build positions on dips, mainly bullish.
Support: 93600
Resistance: 95300