BTC Stalemate, Waiting for These Two Points to Break
Currently, the BTC price is stuck around 10430, with a 24-hour increase almost at zero. The 4-hour K-line has formed a 'small yin and small yang stacked' ECG, with both bulls and bears on the sidelines, and no one is willing to take the lead.
Core Signal Moving Averages Stuck with No Direction: The 7-period MA10431 is entangled closely with the 30-period MA10431, while the 30-period EMA10427 supports the bottom line below, and the short-term moving averages press at 10450 above. The trading volume bars are as short as matchsticks, indicating that funds are inactive.
Indicators Lying Flat: RSI is stuck at the 50 midline without moving, and the MACD twin lines are shrinking under the zero axis, neither overbought nor oversold, showing no sense of direction at all.
Key Points to Watch for Volume Breakthrough or Breakdown: If the price suddenly spikes + trading volume surges, it may test 10450; if it breaks below 10427 with increased volume, be cautious of a pullback to 10400.
Moving Averages Alignment Result: Stabilizing above MA710431 is bullish; losing EMA30 and 10427 is bearish. Right now, it’s a stalemate where whoever moves first wins.
Operation Suggestions: Hold steady if you have positions, set stop-loss below 10420 and run for cover if it breaks; if you don’t have positions, don’t fumble around, wait for volume to rise above 10450 or a significant drop to follow, don’t be ‘cannon fodder in a fluctuating market’. There’s currently no direction, watch for signals from volume and moving averages, don’t rush to act!
Blindly going solo will never bring opportunities; follow me for insights on exploring tenfold potential coins! Top-tier first-class resources!
