On the BTC hourly chart, the DIF line and DEA line subtly intertwine to form a magnificent low-level golden cross scene. Meanwhile, the MACD indicator shifts from green to red, with the red energy bars continuously enlarging, indicating that the downward momentum is nearly exhausted. The buying strength is gathering like a spring tide.
The KDJ indicator is also not to be outdone. After reaching the oversold abyss at 10.9, it decisively turns upward. The K line is poised to break above the D line, forming another low-level golden cross. This is a clear signal of a short-term rebound, and the market trend may therefore change.
Bitcoin: Around 92,300-91,800, with a补 at 91,300, aiming to rise to 93,300-94,600.
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On the BTC hourly chart, the DIF line and DEA line subtly intertwine to form a magnificent low-level golden cross scene. Meanwhile, the MACD indicator shifts from green to red, with the red energy bars continuously enlarging, indicating that the downward momentum is nearly exhausted. The buying strength is gathering like a spring tide.
The KDJ indicator is also not to be outdone. After reaching the oversold abyss at 10.9, it decisively turns upward. The K line is poised to break above the D line, forming another low-level golden cross. This is a clear signal of a short-term rebound, and the market trend may therefore change.
Bitcoin: Around 92,300-91,800, with a补 at 91,300, aiming to rise to 93,300-94,600.