The current BTC price is at 111268 USDT, approaching the key resistance zone of 114908-115106 USDT, which is the recent peak of chip concentration. The trading volume accounts for a high proportion of 4.44%, and the long short ratio is low (0.77), indicating that selling pressure is dominant. Combined with the K-line pattern, the appearance of pregnancy lines and top subtypes in the 4-hour cycle suggests a weakening of upward mobility. Although the KDJ indicator has a golden cross, the overall trend is still constrained by the suppression of the EMA24/52 moving average, increasing the risk of decline.
The distribution of main chips shows that the area around 114908 USDT is the main selling pressure zone. If it cannot be effectively broken through, the price may fall back to support 110921. Suggest paying attention to changes in trading volume to verify the authenticity of the breakthrough.
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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.
