#BTC $BTC
The daily chart has shown long upper and lower shadows, indicating strong selling pressure and buying power in the market.
Technical Indicators:
- MACD: The hourly MACD is near the zero line, with the fast and slow lines intertwined, indicating an unclear short-term trend. The daily MACD remains in the bullish zone but shows signs of a pullback.
- RSI: The hourly RSI hovers around 50, not entering the overbought or oversold zones, indicating a neutral market sentiment. The daily RSI is slightly above 50, showing some upward momentum.
- EMA: The hourly EMA7 is close to EMA30, indicating an unclear short-term trend; the EMA120 is far below the current price, and the long-term trend remains upward. The daily EMA lines show a bullish arrangement, supporting the overall upward trend.
Signal📶: The 1-hour, 2-hour, and 4-hour charts are all in a bullish market, with a bullish arrangement. There is a slight adjustment at high levels, but after a pullback, the outlook remains bullish.
Support at 92500, 91800
Resistance at 94000, 96000#BTC走势分析