BTC under short-term pressure: chip distribution reveals key support and resistance
The current BTC price is around 84000, and membership indicators show a sparse distribution of chips, making the price prone to fluctuations. However, the high priced area above is densely populated with chips, forming strong resistance. Combining the recent support level of 84000 and resistance level of 96000, the market is facing a direction choice. If the price falls below support, it may trigger a rapid downward trend; If the resistance is broken, it is expected to open up upward space. The appearance of a cross star in the K-line pattern, combined with the KDJ overbought signal, indicates an increased risk of short-term pullback. The continuous decline in trading volume and market activity further confirms the possibility of adjustment. Open a membership, master the dynamic distribution of chips, and accurately predict trend turning points! The data is sourced from the PRO member's [BTC/USDT Binance 4-hour] candlestick chart, for reference only, and does not constitute any investment advice.
