BTC key support level revealed, chip distribution reveals potential explosive points

The current BTC price is above the strong support range of 86905-87113, with a trading volume of 5.14% in this area, and the long short game is intense. According to membership indicators, the 4-hour cycle KDJ saw a dead cross followed by a golden cross again, indicating a short-term rebound in demand. Combined with RSI breaking through the upward trend line, the upward momentum is strengthening, and prices are expected to test higher resistance. In addition, the double moving averages of EMA24 and EMA52 diverge upwards, with slopes of 1.11% and 0.56% respectively, indicating that the medium to long term trend remains positive. Although the trading volume has shrunk in the short term, the medium-term moving average has risen by 13.71%, further verifying that funds are ready to go. Member indicators accurately capture trend turning points, helping you seize the opportunity! 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.