BTC under short-term pressure: key support 115400, rebound needs to break through 115830
The current BTC price is around the strong support level of 115400 in the chip distribution, but there is intense resistance above, and the high volume node (HVN) at 115830 forms a significant suppression. Membership indicators show that trading volume has shrunk to 33.11% of the recent average, and market activity has significantly decreased, indicating a lack of bullish momentum in the short term. In addition, the double moving averages of EMA24 and EMA52 are running downwards, further verifying the current bearish signal. In terms of K-line morphology, the top classification structure confirms a local top, and although there is growth in the MACD bar chart, the upward momentum is limited, indicating that the rebound space may be hindered. Pay attention to the gains and losses of the 115400 support, and if it falls below, it may trigger an accelerated downward trend. Open a membership and get accurate buying and selling point tips! 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.
