The price is currently moving in the middle of the range. This means that any approach to one of the channel's edges (the white lines) will provide a clear signal for the next move.
Technical Analysis for BTC/USDT Pair (Date: April 25, 2026) Based on the current market data:
Overall Trend: Bullish after breaking out of the descending channel that lasted for 6 months. 1. Classic Analysis and Price Action School Structure: The price has recently broken a descending trend, indicating a shift in structure from bearish to bullish. Support and Resistance: Strong Support: The $75,000 area (has turned into "support" after being a strong resistance, known as "Role Reversal"). Target Resistance: The range between $80,000 - $83,000 (main supply zone). 2. ICT School (Liquidity and Order Block) Liquidity Grab: The price often retraces to test the breakout zone (Re-test) at $75,000-$76,000 to grab liquidity from early traders (Stop-hunting) before launching towards the target. Order Block: There is a demand area (Order Block) forming in the $74,500 - $75,500 range. Any drop to this level is considered an interesting area for buyers. 3. Indicators School (John Murphy's School) RSI (Relative Strength Index): On the daily timeframe, the price is approaching "overbought" levels, indicating we may see a slight correction before continuing the upward trend. MACD: The positive crossover is still in place, confirming the continuation of buying momentum.
$BTC
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