BTC's short-term trend turning point is approaching: key support levels will be tested

2025-05-24 03:56

According to the 1-hour cycle display, the exclusive chip distribution data for members reveals that the price is approaching the strong support zone of 103820-103926, with a trading volume proportion of up to 5.07%, forming a significant HVW. The current K-line combination shows a red three soldier pattern, coupled with the continuous growth of the MACD bar chart, indicating that multiple parties are attempting to counterattack. Although the KDJ indicator shows a golden cross, the price is still below the EMA24/52 moving average, and trading volume is in a bearish position, with selling pressure still present. Pay close attention to the gains and losses of support around 103800, and break the level or trigger an accelerated downward trend. Enable members to master precise chip distribution and key points! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

Pic
Loading...