BTC Trend Direction Analysis
1. Short-term Trend
- The price has shown a fluctuating downward trend over the past period, gradually retreating from around 91,000 to the current 90,438.
- The overall trend is a slight downward fluctuation, with no significant sharp declines or increases.
2. Support and Resistance
- The short-term support level is near 90,274, which is the lowest price in the last 24 hours.
- The short-term resistance level is at 93,160, which is the highest price in the last 24 hours.
3. Trading Volume and Indicators
- There has been no significant increase in trading volume, indicating that market sentiment is relatively stable, with no large-scale capital inflow or outflow.
- The price has fallen below the MA60 moving average (90,734), which is usually seen as a signal of short-term weakness in technical analysis. $BTC $ETH $BNB
