Technical analysis 📊

Analysis time 21:26 (UTC+7) on April 4, 2025.

1. Main trend on the 1H timeframe.

BTC/USDT is experiencing strong fluctuations with a short-term trend of declining adjustment after reaching a local peak of 84,686.2 USDT. The current price is 82,790.8 USDT, lower than the important EMA lines (EMA 34, 89, and 200), indicating that selling pressure is dominant.

2. Important technical signals 📉

🔹 EMA (Exponential Moving Average)

EMA 34 (83,154.3 USDT), EMA 89 (83,476.6 USDT), EMA 200 (83,905.9 USDT)

The current price is below all three EMA lines, which is a negative sign, indicating that BTC may continue to adjust.

Important resistance levels: 83,500 - 84,000 USDT (coinciding with EMA 89 and 200).

🔹 RSI Indicator (Relative Strength Index)

RSI(30): 47.6, RSI(50): 48.0, RSI(70): 48.1

RSI is below 50, reflecting that bearish momentum is dominant.

However, it has not yet entered the oversold area (<30), therefore there is still a possibility that BTC will recover in the short term before continuing to decline.

🔹 Stoch RSI Indicator (Stochastic RSI)

Stoch RSI: 20.4, MastoStoch RSI: 14.8

Currently in the oversold area (<20), a slight bounce may appear but requires further confirmation.

3. Potential trading scenarios 🎯

📌 Scenario 1: BTC technically recovers then declines further (Priority).

BTC may bounce back to 83,500 - 84,000 USDT (touching the EMA 89 & 200 area).

If strong selling pressure occurs in this area, BTC is likely to turn down to 81,500 - 81,200 USDT.

📍 Trading strategy:

Sell in the range of 83,500 - 84,000 USDT, SL: 84,700 USDT, TP: 81,500 - 81,200 USDT.

Entry signal: BTC bounces to test resistance but RSI does not exceed 50, volume gradually decreases.

📌 Scenario 2: BTC breaks resistance, continues to rise.

If BTC closes above 84,200 USDT with high volume, the trend may reverse to 85,500 - 86,000 USDT.

📍 Trading strategy:

Buy when the price exceeds 84,200 USDT, SL: 83,700 USDT, TP: 85,500 - 86,000 USDT.

Entry signal: RSI exceeds 55, volume increases sharply, Stoch RSI rises from a low area.

4. Summary & Notes ⚠️

✅ Short-term trend: Declining adjustment.

✅ Important resistance: 83,500 - 84,000 USDT.

✅ Strong support: 81,200 - 81,500 USDT.

✅ Preferred strategy: Wait for BTC to bounce to the resistance area to short; if it breaches 84,200 USDT, switch to buy.

📌 Risk management: Always set a stop-loss and only trade when there are confirmed signals.

💡 Sincere Thanks to the Reader 💡

Thank you for taking the time to follow the technical analysis of BTC/USDT. In the volatile trading world, equipping yourself with knowledge and continuously updating information is extremely important. I hope that the insights and strategies shared will help you gain a clearer view of the market, thereby making more effective trading decisions. Your interest and trust are the motivation for me to continue providing the most quality and useful analyses.

I always appreciate feedback from you to improve and provide content that aligns with actual trading needs. Always maintain discipline, manage risk well, and keep learning to succeed on your investment journey. Wishing you successful trades and achieving your financial goals as desired! 🚀📈

Disclaimer:

This article is created by AI and is not financial investment advice.

The cryptocurrency market is very volatile, and you should conduct thorough research before making investment decisions.

All investment decisions and risks arising from the use of information in this article are the responsibility of the reader.

The article's data was collected at the time of analysis.

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