#BTC if you have any comments, please leave them below.
1. Main trend
BTC is in a strong uptrend, as shown by the continuous series of green candles and the price being above all EMA lines (EMA7, EMA25, EMA99).
The current price of 94,663 USDT is lightly accumulating just below the recent peak of 95,769 USDT, and may be preparing to breakout further if not rejected.
---
2. Technical indicators
EMA
EMA(7): 93,697
EMA(25): 89,307
EMA(99): 88,480
=> The structure of the 3 stacked EMAs shows that the uptrend is still very clear and strong.
RSI(6): 72.9
Has entered the overbought territory, but no clear divergence or weakness signals have appeared yet.
However, this area may experience fluctuations or short-term adjustments, especially around the resistance area of 96,800.
MACD
Is in a strong bullish state, with a high histogram bar and the MACD line (DIF) well above the signal line (DEA).
However, the histogram shows signs of flattening, warning that the upward momentum is slowing down.
---
3. Volume
Volume is slightly decreasing despite the price still rising, indicating that buying power is stabilizing, and close monitoring of price behavior around the 95,700 – 96,800 area is needed.
---
Daily summary
Main trend: Strongly up, but may be accumulating before continuing.
If BTC breaks 95,770 with good volume, the chances of advancing towards 96,800 – 98,000 are high.
Conversely, if rejected and loses EMA(7) (93,697), it may slightly adjust towards the nearest support area of 92,100 – 91,500 (which is also the confluence area of EMA25).
