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BTC 4-hour K-line technical analysis: Bullish momentum weakens, warning of divergence between volume and price
【Crypto World】BTC 4-hour trend analysis. Comparing over time, the price has slightly retraced since midday today but has rebounded compared to yesterday morning, forming an overall bullish candlestick pattern. The last candlestick is a bullish one, with the closing price above the opening price. However, trading volume is a bit awkward—while the price is moving upward, the volume is shrinking, which is a typical sign of weakening upward momentum.
Let’s analyze the technical aspects. The MACD doesn’t show a clear trend; the histogram has remained positive but is gradually shortening, indicating that the bullish strength is waning. The KDJ indicator is currently neutral, with no golden cross or death cross. The MA10 remains above MA30 (at 16:00 and 20:00), which provides some support. However, the divergence between volume and price is somewhat perplexing.
Regarding trading strategies, based on the technical analysis: buy entry points are at 86953.24 and 88143.1747, with a stop-loss set at 87104.14 for long positions. If bullish, the target sell prices are 92033.0 and 91815.75, with a short stop-loss at 91989.66. Recent support is at 88194.0, and resistance is at 92033.0. The recent price range has touched a high of 91532.0 and a low of 87541.85.
Overall, although the pattern is still upward, the energy is waning, and close attention should be paid to whether trading volume can effectively support the move; otherwise, there may be a correction pressure ahead.