1420760621#Marketanalysis report
The 4-hour cycle market data of BTC spot in the last 48 hours shows that the current price is 26866.43, and the 24-hour increase or decrease is -0.072%. Here are some key findings and insights:
1. The price fluctuations of BTC in the last 48 hours are relatively small, and there is no obvious upward or downward trend.
2. The opening price, closing price, highest price and lowest price of BTC every 4 hours showed relatively stable fluctuations during this period.
3. The overall transaction volume fluctuates, with the highest value being 194,280,158.55 and the lowest value being 55,128,885.66.
4. The moving average data shows that every 5 4-hour moving averages gradually rise, every 10 4-hour moving averages appear sideways, and every 30 4-hour moving averages gradually decrease.
5. In the MACD indicator, the DIF fast line shows a downward trend, and the DEA slow line also shows a downward trend, indicating that the selling signal of BTC is strong.
6. The RSI indicator value fluctuates between 32.66 and 45.64, and the overall price is in a weak area.
7. The Bollinger Bands indicator shows that the upper line data gradually decreases, the middle line data shows sideways, the lower line data gradually increases, and the overall trend is convergence.
Based on the above data, the current price of BTC is relatively stable, but it is showing an overall downward trend and the trading volume is low. Investors should remain cautious.