Member indicators show that the current trading volume is extremely shrinking, only 30% of the recent average, combined with the candlestick cross star pattern, causing the market to hesitate. The distribution of chips indicates that 87221.5 is a strong support level, but there is significant resistance above 87885.5, indicating a slight lack of buying power (buy sell ratio 0.997). If it falls below support, the downside risk will intensify.
The price is below the EMA24/52 moving average, indicating a weak medium to long-term trend, and the KDJ dead cross signal confirms the bearish tendency of the member indicator. Short term domestic demand closely monitors the gains and losses of support for 87221.5, and may fall below or trigger an accelerated downward trend.
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The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.