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BTC 4-hour chart technical analysis: Bullish accumulation amid volume-price divergence, key levels and trading opportunities analysis
【Crypto World】BTC’s performance over the past 4 hours is quite subtle. The price has rebounded compared to the same period the day before, but has slightly declined compared to the same time yesterday. Looking at more recent data, the price has fluctuated within the last 4 hours, with the final candlestick being bullish, closing higher than the open, but preceded by a large bearish candle, indicating a choppy overall pattern.
Understanding the trading volume situation makes it clear—recent trading volume has significantly shrunk, less than a few hours ago, indicating that market enthusiasm is lacking and participation is decreasing. When both price and volume decline simultaneously, it’s a typical quiet market, with neither bulls nor bears being very active.
What does the technical analysis say? The MACD histogram remains negative but is gradually shortening, suggesting that bullish momentum is slowly building. The KDJ indicator currently shows no golden cross or death cross, remaining neutral with a value around 22, indicating room for further decline. Notably, there is a divergence between price and volume—this often signals a potential reversal.
From a technical perspective, here are some key levels to watch:
Long positions: The first buy-in opportunity is at 82,843.74, the second at 87,447.08. If going long, set the stop-loss at 86,476.97.
Short positions: Sell entry point one at 89,782.0, point two at 90,287.22, with a stop-loss at 90,395.16.
Support and resistance: Recent support is at 86,618.0, resistance at 89,782.0. The highest point in the last 4 hours reached 89,945.43, and the lowest was at 86,911.53.
Overall, the market is in a consolidation phase, with insufficient volume but some bullish buildup. The divergence between volume and price may indicate an imminent directional move. How to operate specifically depends on your risk appetite and overall strategy.