At present, BTC is forming a cross star on the 2-hour cycle K-line, and the market sentiment is uncertain. The distribution of member chips shows that there is a significant concentration of chips near 103000, with strong support and only 0.10% from the current price, indicating limited downward space. Combined with the MACD golden cross signal, upward momentum is accumulating.
Meanwhile, the price continues to run above the EMA24 and EMA52 moving averages, with RSI breaking through the upward trend line and the bullish pattern remaining unchanged. The distribution of chips reveals that 104000 is a recent resistance, but the probability of breakthrough is relatively high.
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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.