1. Price trend$BTC
Current price: ~$94,240.
There was a strong drop to $92,910, then it bounced back and is fluctuating around the MA(7), MA(25), MA(99) zones.
The MA(7), MA(25), MA(99) lines are quite close to each other, indicating that the market is hesitant and the trend is unclear.
2. MACD
The histogram is gradually narrowing towards 0, the MACD indicator is starting to show signs of crossing up from the negative zone.
This indicates that the downward momentum is weakening, and there is a possibility of a bullish reversal if the MACD clearly crosses above the DEA.
3. RSI
RSI(6) = 49.89, which means neutral, not yet in the overbought or oversold zone.
There are no clear divergence signals at this time.
4. Volume
There is a large green candle with high volume after the price hit the bottom at $92,910, indicating strong buying pressure.
However, the subsequent candles have smaller volumes, indicating a lack of certainty in the recovery momentum.
**Reference AE
Short-term (1H): BTC is in a recovery phase after a sharp drop but is still within the resistance zone (MA25 ~94.438).
If the price strongly breaks through MA25 and MA99 (~94.438–94.435) with good volume, it may confirm a short-term uptrend.
If rejected in this area and falls back below 93.900, the risk of dropping back to the 93.300–92.900 zone is high#BinanceAlphaAlert
