$BTC /USDT 1H Chart Snapshot Analysis 🚨 Bitcoin is consolidating around $88,815.43, down -1.37% in the last 24 hours. The price has been volatile, making a complex W-shaped recovery but currently facing downward pressure. Key Takeaways from the 1-Hour Chart: Price Action: The price is below the MA(60) at $88,979.35, a sign of short-term bearish momentum. We've seen a sharp pullback from the local high. Moving Averages (MA): Short-term MAs are showing bearish sentiment: MA(5): $3.72616 MA(10): $3.34594 MACD Indicator: This is the most critical signal: DIF: -6.71 DEA: -2.70 MACD (Histogram): -4.00 The MACD line (DIF) is well below the Signal line (DEA) and both are in the negative zone, indicating strong bearish momentum in the short term. The negative histogram is expanding, confirming the selling pressure is increasing. #BTC
$BNB is trading around $886, showing a +2.33% gain today as buyers return with moderate momentum. Price recently bounced from the $859 support, while the 24h high reached $896, indicating strong volatility.
MACD is stabilizing after a bearish wave, and volume spikes hint at renewed interest from traders. If BNB holds above the MA60, we may see another push toward the $900 zone.
$BTC has climbed to $93,530, posting a solid +3.66% gain in the last 24 hours. The price is holding strong above key support levels, with the MA60 near $92,500 acting as a solid base.