Currently, BTC is testing the key support level of 107651.5 in a 2-hour cycle, and member exclusive data shows that the proportion of buying at this level is 66.8%, forming strong support. At the same time, the price fell below the EMA24 and EMA52 moving averages, coupled with a contraction in trading volume to 46% of the mean, indicating a weakening of short-term selling pressure.
The combination of a cross star and an uptrend in the K-line pattern, combined with the movement below the MACD zero axis, indicates that bearish forces are diminishing. Suggest paying attention to the performance of support bands 107651-107760.
Open membership immediately, obtain precise support resistance levels, and stay ahead to grasp market turning points!
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.
