Technical indicator analysis:

The current RSI is 45.19, and the previous value is 45.64, indicating that the market is in a neutral area and has not yet entered an oversold or overbought state. Stochastic.K is 26.40, and Stochastic.D is 35.63, showing signs of recovery in the oversold area. The current price of 59197.3 is located in the middle and lower part of the Bollinger Bands. The lower track of the Bollinger Bands is 56233.83, and the upper track is 64164.42, indicating that the current market volatility has increased and the price may move closer to the middle track. The P.SAR value is 57864.3, and the price is above it, indicating a bullish trend in the short term, but be wary of the risk of falling below P.SAR. MACD.macd is -255.01, and the signal line is -181.52. The negative value shows that there is selling pressure in the market, but the difference between the signal line and MACD shows that the selling pressure has narrowed.

Support and resistance levels:

Based on the analysis of pivot points and Fibonacci retracement, the main support levels are 55379.27 and 46119.43; the main resistance levels are 62714.63 and 71974.47.$BTC