#深度创作营 Bitcoin (BTC) is currently trading in a consolidation range after a strong impulsive move in recent weeks. Price action on the daily timeframe shows BTC holding above a key support zone near previous breakout levels, suggesting buyers are still defending structure. The market remains technically bullish as long as higher lows continue to form.
On the 4H timeframe, BTC is ranging between short-term resistance and support, indicating a period of accumulation or distribution. A clean breakout above the recent local high could trigger momentum buying and open the door for another leg upward. Volume expansion on a breakout would confirm strength. On the downside, a breakdown below the current range support may lead to a retest of the next major demand zone.
The Relative Strength Index (RSI) is cooling off from overbought conditions, which is healthy after a rally. This reset allows room for another potential upside move. Meanwhile, MACD momentum is flattening, signaling a possible volatility expansion soon.
Traders should watch for a decisive daily candle close outside the range for confirmation. As long as BTC holds above its key higher-timeframe support, the broader bias remains bullish. However, risk management is essential, especially during consolidation phases where fake breakouts are common.$BTC
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#深度创作营 Bitcoin (BTC) is currently trading in a consolidation range after a strong impulsive move in recent weeks. Price action on the daily timeframe shows BTC holding above a key support zone near previous breakout levels, suggesting buyers are still defending structure. The market remains technically bullish as long as higher lows continue to form.
On the 4H timeframe, BTC is ranging between short-term resistance and support, indicating a period of accumulation or distribution. A clean breakout above the recent local high could trigger momentum buying and open the door for another leg upward. Volume expansion on a breakout would confirm strength. On the downside, a breakdown below the current range support may lead to a retest of the next major demand zone.
The Relative Strength Index (RSI) is cooling off from overbought conditions, which is healthy after a rally. This reset allows room for another potential upside move. Meanwhile, MACD momentum is flattening, signaling a possible volatility expansion soon.
Traders should watch for a decisive daily candle close outside the range for confirmation. As long as BTC holds above its key higher-timeframe support, the broader bias remains bullish. However, risk management is essential, especially during consolidation phases where fake breakouts are common.$BTC