$BTC

BTC Analysis

Current price: 89,900 (downward trend)

Support: 80,600

Resistance: 94,500

Price below moving averages, indicating weakening of the short-term trend.

MACD still positive but losing strength, suggesting a reduction in buying momentum.

Volume declining, showing less conviction in the current movement.

RSI at 45, neutral zone, with a slight bearish bias.

In the KDJ, K is high and above D, indicating that the recent upward movement is overextended and close to exhaustion.

Conclusion: Buying strength is decreasing. The market may execute a short-term pullback before resuming the downward movement.