đ Technical Analysis (1H timeframe):
Current Price Action:
BTC trading around $95,182
Showing slight bearish momentum (-0.01%)
Very low volatility with tight amplitude (0.04%)
Moving Averages:
MA7: $94,907.99
MA25: $94,168.19
MA99: $93,988.25
All MAs are stacked bullishly (shorter above longer)
Recent Structure:
Price formed a bottom around $91,573
Currently in an uptrend channel
Higher lows and higher highs forming since Dec 30
Volume:
Volume remains relatively low (0.11)
No significant volume spikes in recent candles
Suggests consolidation phase
Key Levels:
Support: ~$94,000 (MA cluster zone)
Immediate resistance: $95,500
đ Short-term Outlook: Bullish bias with caution due to low volume. Price action suggests accumulation above MA support cluster.