$ORCA

ORCAUSDT 4h Market Trend Analysis Report#

Current Price: 2.8390000 USDT

24-hour Change: -16.475%

Main Support Level: 2.6766667 USDT

Main Resistance Level: 3.4246666 USDT

Current Trend: Consolidating with a Bearish Bias

Detailed Explanation:

Technical Indicator Summary:

Moving Average System: MA5=3.0728002, MA10=3.1851997, MA20=3.1813500, MA120=2.4497337. The current price is below all short-term moving averages, and MA5, MA10, MA20 are in a bearish arrangement, indicating a short-term bearish trend.

MACD: DIF=0.0572357, DEA=0.1232317, Histogram=-0.0659960. The MACD is in a death cross state, and the histogram is in the negative region, indicating bearish market momentum.

BOLL: Upper Band=3.4951470, Middle Band=3.1813500, Lower Band=2.8675530. The current price is near the lower band, and %B=0.10%, indicating that the price is close to the lower band, suggesting potential rebound demand in the short term, but the overall trend remains bearish.

RSI: RSI6=26.03, RSI12=41.95, RSI14=44.61, RSI24=50.73. RSI6 is in the oversold zone, with RSI12 and RSI14 in the neutral zone, and RSI24 close to neutral. Short-term overselling may trigger a rebound, but the overall trend remains bearish.

KDJ: K=11.71, D=23.52, J=0.00. KDJ is in a death cross state, and the J value is close to 0, indicating that the market is in an oversold condition, suggesting potential rebound demand in the short term.

Indicator Data:

Funding Rate: -0.14557900%. The funding rate is negative, indicating heavy bearish sentiment in the market; however, the impact of altcoin funding rates on prices is not as pronounced as BTC, so it is necessary to consider other indicators for a comprehensive judgment.

Volume Change: Recent trading volume shows an increasing trend, especially during price declines, indicating significant selling pressure in the market.

Capital Flow Data: Contract net inflow and outflow data# shows that there was a net outflow of 6807541.90 USDT within 24 hours and a net outflow of 16209226.91 USDT within 3 days, indicating a clear outflow of capital from the market, with a bearish outlook in the short term.

Direction: Cautiously Short

Entry Timing: The current price is close to the BOLL lower band, and RSI6 and KDJ indicate overselling, suggesting potential rebound demand in the short term. It is recommended to enter short when the price rebounds to around 3.00 USDT.

Stop Loss Setting: Set the stop loss at 3.15 USDT, with a stop loss ratio of about 3.5%.

Target Price: Set the target price at 2.70 USDT, with an expected return of about 5%.

Note: This analysis is for reference only and does not constitute any investment advice! #鲍威尔发言