The current BTC 4-hour cycle K-line forms a flat top shape, with support and resistance around 84000, limiting price fluctuations. The distribution index of exclusive chips for members shows that there is a significant concentration of chips in this range, and the long short game is intensifying. If the price falls below the support level, the selling pressure below may be quickly released; If resistance is overcome, there is hope to open up upward space. The balanced distribution of chips indicates that the market has not yet formed a clear direction, but breakthroughs at key points will determine the future direction.
In addition, the KDJ death cross and RSI crossing the 50 line simultaneously verify the short-term pullback risk, reminding investors to be alert to the possibility of a decline. Pay attention to the distribution of chips and accurately capture long and short turning points.
Open membership, unlock chip distribution, and grasp key support resistance positions!
The data is sourced from the PRO member's [BTC/USDT Binance 4-hour] candlestick chart, for reference only, and does not constitute any investment advice.
