#OnChainLendingSurge

1. Current Price and Movement:

• Current Price: 93,390.65 USDT (down 1.45%).

• 24h High: 96,079.32 USDT.

• 24h Low: 92,500.90 USDT.

• Trading Volume:

• BTC: 33,634.18 BTC.

• USDT: 3.17 Billion USDT.

2. Technical Indicators:

• Bollinger Bands:

• Upper Band (UP): 103,799.27 USDT.

• Middle Band (MB): 97,382.21 USDT.

• Lower Band (DN): 90,729.15 USDT.

• The current price is approaching the lower band, indicating a possible recovery from the support zone near the bottom (92,500 USDT).

• RSI (Relative Strength Index):

• RSI(6): 25.52 (oversold zone, potential bounce).

• RSI(12): 30.73 (selling pressure is still strong).

• RSI(24): 38.82 (no strong signs of increase yet).

• MACD (Moving Average Convergence Divergence):

• DIF: -1,297.26.

• DEA: -751.46.

• MACD Histogram: -545.80 (bearish momentum is still dominant).

• Trading volume: Trending down, indicating a weakening in both buying and selling pressure.

Forecast for the next 24 hours:

Bullish scenario:

• Condition: Price holds the support zone of 92,500 USDT.

• Target: Price recovers to 95,500 - 96,500 USDT.

Probability: 60% (based on oversold RSI and bounce).

Bearish scenario:

Condition: Price breaks support at 92,500 USDT.

Target: BTC may drop to 91,000 - 90,000 USDT.

Probability: 40% (selling pressure from MACD and RSI remains).

If you need more information or support, let me know!