BTC/USDT — Market Update (4H Timeframe)
Current Price: 95,103 USDT (+0.38% in 24h)
Technical Overview:
• The price is holding above the MA(7) and MA(99), indicating short-term stabilization.
• Key resistance levels:
• 95,382 USDT — recent local high
• 97,895 USDT — previous peak
• 98,635–99,000 USDT — sell zone
• Support levels:
• 92,129 USDT — key retracement level
• Below that: 88,877 and 85,625 USDT
Indicators:
• MACD remains in negative territory (–6.7), showing weak momentum, though selling pressure appears to be easing.
• RSI(6): 60.25 — neutral-bullish zone, not overbought.
• Trading volumes remain stable with no major spikes.
Conclusion:
BTC is consolidating in a narrow range, forming a base before its next move. A breakout above 95,382 could lead to 97,000–98,600 USDT. A drop below 92,000 may open the way to 88,800–85,600 USDT.