BTC
K-Line Pattern: The 4-hour K-line pattern is mainly characterized by small bearish bars, with the last K-line being a bearish line, and the closing price lower than the opening price, indicating short-term pressure on the market.
Trading Volume: Recent trading volume has decreased compared to the previous hours, while the price shows an upward trend, resulting in a phenomenon of "decreasing volume with rising price," which implies weakening upward momentum and potentially indicates a risk of correction.
MACD Indicator: The MACD histogram remains positive and gradually lengthens, showing strong bullish strength; however, the overall market trend is not clear and is in a phase of fluctuation without a definite direction.
KDJ Indicator: The KDJ value has reached 85, entering the overbought zone, suggesting that the price may face downward pressure in the short term.
Additionally, the key support level for Bitcoin is at 111800, while the resistance level is at 116800. If the price breaks through 115000 USD, the cumulative short liquidation intensity on mainstream centralized exchanges will reach 676 million USD; conversely, if it falls below 112000 USD, the long liquidation intensity will be 404 million USD, increasing the liquidation risk and exacerbating market uncertainty.
