The current BTC price is above the EMA24/52 moving average, with an upward trend in the medium to long term. However, the distribution of chips shows that the current price range is sparse, suggesting that the price may fluctuate rapidly. The chips below are concentrated around 97000, with strong support and a low probability of falling below in the short term. Combined with the recent increase in trading volume activity, the market is brewing a new round of direction choices.
The KDJ indicator is converging, and RSI has entered the overbought zone. There may be short-term adjustment demand, but the support signals for chip distribution are more clear. Open a membership, obtain real-time data on chip distribution, accurately grasp support and breakthrough points, and quickly lock in profit opportunities!
The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.
