The latest 4-hour cycle K-line shows that prices are fluctuating around $95000. Although the moving average is showing an upward trend, the KDJ dead cross and extreme decline in trading volume suggest insufficient upward momentum. The exclusive chip distribution indicator for members shows that the current price range is sparse, with support levels only around 0.4% below $95000. Once it falls below this level, it may quickly decline.
In addition, the top and bottom of the K-line have intensified their divergence, and the price direction is still unclear. The balanced distribution of chips implies that a breakthrough requires stronger motivation, and paying attention to the gains and losses of $95000 is particularly crucial.
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The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.