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BTC/USDT 4-Hour K-Line Analysis: Weak Volatility Consolidation, Mid-Term Downward Pressure Unreduced
Key Support and Resistance Levels
• Resistance Levels
1. First Resistance: 89,689.3 (MA10), is the immediate resistance during short-term consolidation. A breakout could target the 90,000 integer level.
2. Second Resistance: 89,893.9 (MA20), this medium-term moving average is an important watershed in the bulls and bears battle.
3. Third Resistance: 91,141.6 (MA30), only after breaking through can the mid-term downward pressure be alleviated.
• Support Levels
1. First Support: 89,000 integer level, is the current short-term psychological support during consolidation.
2. Second Support: 87,210.5 (recent low), is the extreme low point of this round of decline. Falling below could open a new downward space.
Technical Indicator Interpretation
• Moving Average System: Price is trading below MA20, MA30, MA50, and MA100, indicating a bearish medium-term arrangement. Only short-term MA5 and MA10 are intertwined and close together, showing the mid-term downtrend remains unchanged, with short-term bullish and bearish forces balanced.
• MACD Indicator: MACD value (160.4) is in the negative zone. The DIF line is moving upward toward the DEA line, with the green bars continuously narrowing, indicating weakening downward momentum but no clear golden cross yet, and rebound strength remains weak.
• RSI Indicator: The value is 41.1, in a neutral to slightly bearish zone, not yet entering overbought territory, reflecting that bullish momentum still needs further accumulation.
• Volume: During consolidation, trading volume continues to shrink, showing strong wait-and-see sentiment from both bulls and bears, with insufficient capital inflow.
Summary and Trading Suggestions
Currently, BTC/USDT is in a pattern of “weak volatility consolidation, mid-term downward pressure unreduced.” If the price volume breaks above 89,689.3 (MA10) and stabilizes, it can be considered bullish, targeting the 90,000 level; if it retraces and falls below 89,000, caution is needed for a second bottom test, with key support at 87,210.5. #黄金白银再创新高