Member indicators show that the current candlestick has formed a flat top pattern, with prices repeatedly testing around 91500 before falling back. Combined with the MACD bar chart, the downward momentum is accumulating. At the same time, the convergence of KDJ indicators further confirms the insufficient short-term action capability. The distribution of chips shows that 91500 is a strong resistance level, with concentrated selling pressure and difficulty in breaking through.
In the 2-hour cycle K-line, the top pattern confirms the formation of local high points. Although there are signs of double bottom rebound in RSI, the overall rebound is still limited to below the 50 line, and the rebound strength is limited. The shrinking trading volume to recent lows indicates a strong wait-and-see sentiment in the market.
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The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.