Member indicators show that the current K-line has formed a flat bottomed pattern, with the lowest price continuously stabilizing around 115865, indicating a significant increase in support. Cooperating with the 2-hour cycle EMA24 and EMA52 moving averages, the golden cross is upward, indicating that the bullish side is accumulating strength. The distribution of chips shows that the 111162-111236 area is an important support, with a buying concentration of 5.76 times, indicating a significant potential bottoming effect.
KDJ indicator diverges upwards, RSI breaks through the upward trend line, and the technical resonance is a bullish signal. However, we need to be cautious about a 25% decrease in trading volume, as insufficient market momentum may affect our offensive power. Suggest paying attention to the high pressure position before 116665.
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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.
