Member indicators show that the current price is below the EMA24 and EMA52 moving averages, and the MACD dead cross, combined with the weakened momentum of the bar chart, clearly releases a downward signal. At the same time, the KDJ indicator diverged downward, further verifying the short-term weak pattern. In the distribution of chips, the area of 87937-8860.5 forms strong resistance, and the support of 87070 below is particularly critical.
The latest 1-hour cycle K-line shows a bottom pattern, but the rebound is limited due to the suppression of the moving average. If it falls below the support of 87070, it may accelerate its descent to the low point of 86946. The increase in trading activity indicates that market volatility will intensify.
Accurately capturing trend turning points with membership indicators, unlock more key data immediately!
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.