BTC Today's Market Analysis (2025.8.5):
Current Price: Approximately 114,674 USD, down 0.1%, rebounding from the 112K low, driven by strong institutional demand but facing selling pressure.
Technical Indicators: RSI(14): 48.3 (Neutral)
Stochastic: 99.3 (Overbought)
MACD: 153.9 (Buy Signal)
Moving Averages: Short-term MA5/10/20 sell, Medium-term MA50 buy, Long-term MA200 sell
Overall: Mixed, significant short-term selling pressure, but MACD is bullish.
Support Levels: 112,500 (Key), 114,200.
Resistance Levels: 115,200, 116,200, 117,000 (Breakthrough or Upward).
Recommendation: Hold positions if the 112K support holds, watch for overbought pullback. If it breaks 115K, target 126K.
