Here’s a detailed breakdown and quick analysis of the $BTC

/JPY market

₿ Bitcoin (BTC/JPY) Market Overview

Current Price: ¥17,750,824

Daily Change: +1.86% 🚀

Sentiment: Moderately bullish

Category: Proof of Work (PoW)

📈 24h Price Range

MetricValueHigh: ¥18,134,050Low: ¥17,399,891Current: ¥17,750,824Range: ¥734,159 (Approx. 4.2% swing)

📌 Analysis:

Bitcoin is trading in the upper-middle of the 24h range, indicating a partial recovery from intraday lows. Price action is moderately bullish but still shy of breaking the daily high.

💸 Volume & Flow

MetricValue24h BTC Volume: 91.20 BTC24h JPY Volume: ¥1.63 BillionRecent Trade Volume: 0.002713 BTCMA(5): 4.49 BTCMA(10): 3.67 BTC

📌 Observation:

Volume shows steady accumulation, with short-term MA(5) > MA(10), indicating near-term buying strength.

Market activity remains moderate, with neither extreme buying nor selling spikes.

🧱 Order Book Depth (Key Levels)

Resistance LevelsSupport Levels¥18,179,091¥17,584,554¥18,134,050 (24h high)¥17,386,375¥17,980,912¥17,233,237 (deeper)¥17,782,733¥17,188,196 (critical support)

📌 Analysis:

Key resistance remains at ¥18.13M–¥18.18M

Key support at ¥17.39M and ¥17.18M

Break above ¥18.18M could push price toward new short-term highs

🔍 Technical Summary

IndicatorStatusTrendShort-term bullish ✅MomentumModerateMA PositioningPrice > MA(5) > MA(10) — bullish sequenceVolatilityMild to moderate

✅ Summary Table

FactorStatusTrend DirectionBullish tilt ↑Volume PatternHealthy, not extremeResistance Ahead¥18.13M–¥18.18MSupport Below¥17.39M → ¥17.18MBiasContinuation possible if volume holds

🔄 Strategy Ideas

Bullish Scenario:

If price breaks above ¥18,134,050, it could quickly retest ¥18,179,091

Stop-loss below ¥17,584,554 for intraday trades

Bearish Scenario:

Rejection near ¥18.13M may cause a retrace to ¥17.39M or lower

Ideal to watch for divergence or volume drop before shorting

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