The current BTC price is in the key support zone around 94000 in the 1-hour cycle, and the member specific chip distribution indicator shows a clear accumulation of chips in this zone, indicating a fierce game between long and short sides. Considering that the recent support and resistance levels are only 0.12% -0.14% apart, the price fluctuation space has been significantly compressed, and the risk of turning around has intensified.
At the same time, the K-line pattern showed a bottom pattern and a combination of black three soldiers, combined with a dead cross below the MACD zero axis, further verifying the downward pressure. By opening a membership, you can obtain accurate chip distribution data, helping you lock in buying and selling points in advance!
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The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.
