Recent Trend of $BTC 🔥🔥🚀
1. K-Line Pattern: Recent K-line shows that the price fluctuates within the range of 94000 to 95000, forming a narrow oscillation consolidation pattern. On April 25, a long shadow line appeared, indicating significant selling pressure at high levels.
2. Technical Indicators: MACD: The current MACD is in the negative zone, with both DIF and DEA running downwards, indicating short-term pullback pressure.
RSI: RSI values fluctuate between 60 and 70, close to the overbought zone, but not in extreme overbought conditions, suggesting potential pullback risks.
EMA: EMA7 and EMA30 show a binding state, while EMA120 maintains an upward trend. The overall trend is bullish, but there is a need for short-term adjustments.
3. Trading Volume:
The daily trading volume gradually decreased after peaking on April 22, indicating a decline in market activity.
In recent cycles, trading volume has remained relatively stable, with no significant signs of increased or decreased volume.
