BTC/USDT on a 4-hour timeframe with some key indicators. Here's a breakdown of the analysis:

1. Price Overview:

Current Price: 97,815.53 USDT

24h High: 98,619.99 USDT

24h Low: 94,698.00 USDT

Change: +2.78%

2. Moving Averages (MA):

MA(7): 96,148.49 (short-term trend)

MA(25): 94,704.46 (medium-term trend)

MA(99): 93,737.05 (long-term trend)

MA(1): 97,815.53 (current price level)

The price is above all major moving averages, indicating bullish momentum.

3. Volume:

Increased volume correlates with upward price movement, suggesting strong buying interest.

4. Indicators:

KDJ Indicator:

K: 73.30, D: 67.80, J: 84.29

This shows the market is near the overbought zone, which could indicate a potential pullback.

MACD:

DIF: 386.49, DEA: 14.92, MACD Histogram: 371.57

Strong bullish crossover and upward trend in the histogram confirm the positive price action.

5. Candlestick Analysis:

The candles show higher highs and higher lows, a clear sign of bullish continuation.

Immediate support is around 95,645.39, while resistance is close to 98,619.99 (24h high).

Summary:

The chart currently exhibits strong bullish momentum.

Watch for a breakout above the 24h high$BTC