$BTC 1.5 Morning Analysis



BTC current price shows a clear downtrend on the 1-hour chart, with the price under short-term moving averages. MA5 crosses below MA10, forming a death cross and exerting downward pressure. RSI and Stochastics indicators are both in overbought zones and have started to decline, indicating diminishing bullish momentum. The convergence of strong resistance and market selling pressure increases the likelihood of the price oscillating downward.
Recommendation: Short positions in the 95000–94000 range, targets: 93000, 92000, 91000#加密市场开年反弹
BTC-0.04%
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