#BTC突破7万大关 🔻 Current trend:

Current price: 116,279.99 USDT

24-hour change: -1.43%

Lowest price in 24 hours: 115,796.23

Highest price in 24 hours: 118,792.00

Current trend: Strong bearish (Long red candle = Sharp selling pressure)

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🧠 Technical indicators:

✅ Moving Averages MA:

MA(7): 117,532.88

MA(25): 117,809.61

MA(99): 118,286.82

🔻 Current price is below all averages = Clear confirmation of the bearish trend.

✅ MACD Indicator:

DIF: -266.24

DEA: -109.35

MACD: -156.89

🔻 All values are negative and the gap is widening = Strong negative momentum.

✅ OBV (On-Balance Volume):

Clear decline in the indicator = Confirmation of liquidity outflow.

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🔍 Support and resistance levels:

Strong support: 115,796.23 (touched)

Nearby resistance: 117,152.31 then 117,917.28

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📊 Technical reading:

The market is in a short-term downtrend after breaking support at 117,000.

Long red candle with almost no lower shadow = Strong selling pressure with no buying resistance.

High trading volume during the decline = Confirmation of intent to distribute and exit the market.

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📉 Recommendation (not financial advice):

If you are in the trade, watch support at 115,800; any further break may open the way to lower levels.

It is not advisable to enter a buy position currently until a reversal candle or clear rebound signals appear (e.g., bullish MACD crossover or short MA breakout).$

$BTC