The current BTC price is around $115000, and the chip distribution shows a strong support zone between $111100-111340, with dense trading and strong buying power. Combined with member indicators, RSI has broken through the upward trend line, releasing a bullish signal, while KDJ's golden cross further confirms short-term performance.
However, the K-line pattern shows a top split pattern, coupled with KDJ being in an overbought area, raising concerns about the risk of price decline. If the support level of 111100 stabilizes, it may trigger a new wave of upward trend.
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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.