🔎 Monitoring the analysis of the MACE indicator at #BTC
When the price of BTC was near $102,000, we indicated that the MACE indicator was showing weakness in the upward momentum, compared to similar historical scenarios.
After that, we witnessed:
A strong drop to $80,000
A corrective rebound to $94,000
Then a return of weakness and a drop to $86,000
This behavior reflects a volatile market with weak momentum, where rebounds are closer to corrections rather than the beginning of a clear upward trend.
🔔 Note
So far, the MACE indicator still shows weakness in momentum, and there have been no confirmed signals of a restoration of upward strength. Any upcoming improvement needs clear confirmation from the indicator.
What do you think about the upcoming scenario? 👇
BTCUSDT
Perp
86,295.6
-1.11%