The current BTC price is located in the key chip concentration area of $115861- $115999, with a trading volume of up to 5.58% in this area, indicating a strong support signal. The membership function displays a 2-hour candlestick forming a cross star, indicating market hesitation, while the top pattern suggests short-term pullback risk. Meanwhile, the J value is extremely overbought, further verifying the possibility of a pullback.
Trading activity decreased by 37.54%, but EMA24 and EMA52 maintained a golden cross upward trend, and the overall trend remained bullish. If the price holds the support of $115861, it may trigger a new round of upward momentum.
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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.
