Happy May Day, babies!
$BTC The technical analysis shows a signal of a tug-of-war between bulls and bears. The Bollinger Bands at the 4-hour level are opening downwards, RSI is neutral but slightly weak, and KDJ has a dead cross that hasn't been corrected, creating a divergence with the daily MACD golden cross.
On-chain data shows that the net inflow into ETFs has decreased by 23%, and the funding rate remains negative, indicating cautious main capital. Key resistance is at 95500; a breakout would confirm a bullish trend, while a failure to break would lead to continued oscillation.
Big coin trading suggestion: buy low at 93200-93700, target 95500, stop loss at 92500.
