The current 2-hour cycle shows that BTC has formed a dense chip area around 95000, with support and resistance overlapping, and fierce long short competition. The distribution index of exclusive chips for members clearly reveals that this price range has gathered a large number of transactions, indicating a clear intention of the main funds to protect the market. If the price falls below support or triggers a short-term rapid correction.
On a technical level, the K-line shows a peak pattern, and although the MACD shows a golden cross, the volume can shrink by 46.97%, indicating insufficient upward momentum. Double signal verification increases callback risk.
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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.
