The 4-hour cycle K-line shows that the member indicator has captured the KDJ dead cross and MACD dead cross, combined with the black three soldier pattern, strongly indicating that the price may continue to decline. At the same time, the distribution of chips reveals that the current price is approaching the strong support zone of 105375.5, but the buying intensity is weakening, the trading volume is bearish, and the downward momentum is still accumulating.
Although EMA24 and EMA52 are still in a bullish position, the MACD bar chart continues to shrink, confirming the increasing downside risk. If the support of 105375.5 is lost, further testing of the low volume area may be conducted.
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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.
