BTC12/26【Price Trend Analysis】

K-line Pattern:

Recently, the K-line has shown a volatile upward trend, with prices fluctuating between 98000 and 100000.

Multiple long lower shadows and bullish candles indicate strong support below.

Technical Indicators:

MACD: The hourly MACD fast and slow lines are hovering near the zero axis, while the daily DIF and DEA are both negative but the gap is narrowing, indicating a possibility of a golden cross.

RSI: The hourly RSI is close to 60, at a relatively high level; the daily RSI is around 50, showing a neutral to strong market.

EMA: The hourly EMA7, 30, and 120 moving averages are in a bullish arrangement, with short-term moving averages diverging upwards. The daily EMA7 > EMA30 > EMA120 indicates an overall upward trend.

Trading Volume:

The hourly trading volume has increased, especially when the price hits a low point, with a noticeable increase in buying pressure.

The daily trading volume is gradually decreasing, indicating that market sentiment is becoming cautious.

Currently, the BTC price is consolidating near resistance levels; it is suitable to enter the market only when upward positions are opened. #比特币市场波动观察