$BTC

UPDATE MARKET 📉🚨

$BTC chart 4 hours (4H)

🔎 Technical Analysis BTCUSDT (4H)

1. Trend & Moving Average

EMA(13): 105,376 (yellow)

EMA(50): 106,101 (light green)

EMA(100): 106,031 (light purple)

EMA(200): 104,578 (pink)

➡️ Current price: $105,304.9

Price is currently below EMA(50) and EMA(100) → light bearish pressure.

But above EMA(200) → still potential for a bounce (dynamic support at EMA(200)).

Sideways condition tends to be medium-term bearish.

2. Support & Resistance

Level Description

Support 104.200 - 104.500

Resistance 106.100 - 106.500

Breakdown support 104.200 → Potential to continue to 102.900 or even 100.300

3. RSI (Relative Strength Index)

RSI(6): 49.7 → Neutral, approaching oversold. ➡️ Still room to drop further before a rebound.

4. MACD

DIF: -473.3

DEA: -545.5

MACD Histogram: +72.2 → Just started positive ➡️ Indication of potential small rebound but not yet a strong bullish confirmation.

5. Volume

Low volume tends to decrease → does not support a strong breakout. ➡️ Waiting for new volume catalyst for the next direction.

📌 Potential Strategy:

Buy on Dip: Area 104.200 - 104.500 → Short target 106.000 - 106.500

Breakout Strategy: Buy if break 106.500 → Next target 108.000 - 109.000

Stop Loss: Below 104.000 to guard against breakdown to 102.900 or 100.300.

⚠️ Note:

Current conditions are more suitable for scalping or short positions → Bullish swing not yet confirmed.

Need large volume confirmation for breakout direction validation.