BTC Trend
8H timeframe remains in a weak rebound structure after a downtrend
Price is still below EMA30, the bearish structure has not been broken
The current rebound is a technical correction after a decline, not a trend reversal
There are consecutive small-bodied K-lines above, with weak momentum and funds observing
MACD, the green bars are shortening but have not yet formed a golden cross → rebound slowing, confirmation pending
RSI, rebounding from oversold area to 35–40 range → weak rebound
Resistance 111,000 — 112,500 EMA30 upper band suppression, previous high resistance zone
Strong Re
View Original