Quick analysis of BTC 30/04/2025
💥Price is sideways in the resistance zone of 95,500 – 96,000. Buying pressure is weakening, RSI on the daily frame is overbought, MACD is starting to flatten → a sign to be cautious.
💥On the H1, the price is fluctuating, constantly testing but not breaking through 95,578. Volume is decreasing, RSI 41.8 → may have a slight rebound but the trend is still unclear.
💥Nearby support zones: 93,800 – 93,300. If it breaks, it could go deeper.
💥A good buying zone if there's a correction around 91k – 92k (EMA 21 on the daily frame)
🚨The D1 candle yesterday was a type of doji with a long upper shadow → indicating strong selling pressure in the 95,500 – 96,000 zone. Today it opened but hasn't broken out of that zone → the possibility of forming a slight reversal model if there's no volume pushing up.
🚨The H1 candle is fluctuating up and down. There was a candle with a long wick at 93,850 but it hasn't created a confirming reversal candle yet. For now, it remains a bad sideways movement.
🔥🔥In summary, the upper resistance currently has failed to break after several tests.
🔥🔥The current candle shows an unclear trend, the indicators are warning of a correction.
🚨💥Staying out is also a position – at this moment it's easy to lose the account if one is too eager to catch the bottom
