BTC Short term Changes Approaching: Chip Distribution Reveals Key Support

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The current price range has sparse chips, with BTC prices above the EMA24/52 moving average. Although there is upward momentum, the market trading volume has significantly shrunk, indicating that the price is susceptible to breakthroughs. The recent support level is around 84000, only about 2.06% from the current level. Once it falls below, it may quickly decline. The distribution index of exclusive chips for members shows that the support strength here is weak, and we need to be alert to the risk of further decline. The candlestick pattern shows a cross star, with a KDJ dead cross and overbought signals, indicating a clear bearish signal in the short term. Based on the distribution of chips, if it falls below the support level, bears may accelerate their efforts. Open membership, master accurate support resistance data, and lock in variable inventory in advance! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.

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