Although the 2-hour cycle K-line shows prices above the EMA24 and EMA52 moving averages, showing an overall upward trend, the current trading volume is significantly lower than the 10 day average, indicating a significant decrease in market activity and suggesting that there may be insufficient upward momentum. It is worth noting that there have been no significant large market buy or sell orders recently, and the main funds have not yet made a clear statement, making the market direction uncertain.
Combined with the top tier pattern and KDJ overbought signal, the short-term pullback risk has intensified. Open membership, track key trends in real-time, and seize opportunities for unexpected changes!
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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.
