$BTC
Current state: Uncertain consolidation with a slightly bearish bias.
The bearish moving averages and lack of volume suggest caution.
Neutral oscillators indicate that there is neither dominant overbought nor oversold conditions.
Definitive breakouts of support $102,500–104,000 or resistance $106,000–107,000 will be key to defining the next move.
Possible strategies:
✅ Range (Day-trading): buy near support and sell at resistance within that limited range.
⏳ Wait for confirmation: await a clear breakout with volume (+EMA200) to position oneself in favor of the trend.
🔍 Monitor volume and divergences: an increase in confirmatory volume or RSI/MACD divergences may indicate a reliable trend change.
🧠 What to delve into now?
Break down indicators like MACD, ADX, or Bollinger Bands.
Identify detailed chart patterns (e.g. wedges, triangles, rectangles).
Link technical analysis with institutional flows or macro news.