Here is a brief analysis based on the chart data: Current Price and Trend: *Current Price: The price is shown as 109,612.0 USDT. *24-Hour Change: +0.19%, indicating a slight upward movement in the last 24 hours. *24-Hour High: 110,399.1 *24-Hour Low: 108,839.6 *Recent Trend: Looking at the 4-hour (4h) chart, BTC has recently seen a significant price increase, rising above 105,000 and heading towards 110,000. Some resistance or profit-taking is seen around 110,000-111,000, as evidenced by the "S" (sell) signals and the slight pullback from the peak. Moving Averages (MAs):
* MA5: 109,630.0 * MA10: 109,530.3 * MA30: 106,859.8 * MA5 and MA10 are very close to the current price, suggesting a short-term consolidation or slight downtrend after the recent rally. * The price is well above MA30, which generally suggests a medium-term bullish trend. MA30 acts as a support level for the current trend.
Volume: * 24-Hour Volume (BTC): 5.06K * 24-Hour Volume (USDT): 553.75M * The lower volume bars indicate fluctuating activity. The recent price rally was accompanied by good buying volume (green bars), but there was also selling volume (red bars) during the price pullbacks. The current volume for the active 4-hour candle (Volume: 124.74) appears moderate. MACD (Moving Average Convergence Divergence):
* MACD(12,26,9):
* MACD: 126.4 * DIF: 1,242.7 * DEA: 1,116.3 * The MACD line (DIF) is above the Signal line (DEA) and both are above the zero line. This is a bullish signal indicating upward momentum. The gap between DIF and DEA was relatively wide during the last rally, but now it may be converging slightly. Support and Resistance (Based on visible chart patterns):
* Current Resistance: Around 110,000 - 111,000 USDT (where the "S" signals appear). * Current Support: MA5 and MA10 are acting as immediate dynamic support. Below this, the previous resistance around 105,000 may now act as a strong support level. MA30 (around 106,859.8) is also providing good support. Staking Information:
* The current annualized yield of BTC Staking is up to 2.00%. This is an external factor but could affect the holding trend.
Conclusion: BTC is in a strong uptrend on the 4-hour chart and has seen a significant rally. While there is some profit taking and resistance at 110,000-111,000, the overall sentiment is bullish, with the price well above the major moving averages and the MACD in the bullish zone. Traders can wait for a clear break of 110,000-111,000 for further upside or a healthy consolidation/retest of support levels before continuing the uptrend.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Ybaser
· 06-13 05:39
HODL Tight 💪
Reply0
TonmoyBD
· 06-11 18:42
Thanks for the your greeting sharing 💎
Reply0
SBSomrat
· 06-11 12:50
HODL Tight 💪
Reply0
CryptoAnalysisMehedi
· 06-11 10:39
thank you for the beautiful information
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GreenStone
· 06-11 10:05
Thank you for the nice information 🌸🌸
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CryptoInfos
· 06-11 09:34
Thank you for sharing 💙
Reply0
Discovery
· 06-11 08:59
Thank you for the nice information 🌸🌸
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Surrealist5N1K
· 06-11 08:23
thank you for the information and sharing 🙏🏻 💜
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Harrio4life
· 06-11 08:02
I need money to trade this coin.
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Smirney
· 06-11 07:50
Congratulations, very accurate analysis and comment.💯
#BTC#
Here is a brief analysis based on the chart data:
Current Price and Trend:
*Current Price: The price is shown as 109,612.0 USDT.
*24-Hour Change: +0.19%, indicating a slight upward movement in the last 24 hours.
*24-Hour High: 110,399.1
*24-Hour Low: 108,839.6
*Recent Trend: Looking at the 4-hour (4h) chart, BTC has recently seen a significant price increase, rising above 105,000 and heading towards 110,000. Some resistance or profit-taking is seen around 110,000-111,000, as evidenced by the "S" (sell) signals and the slight pullback from the peak.
Moving Averages (MAs):
* MA5: 109,630.0
* MA10: 109,530.3
* MA30: 106,859.8
* MA5 and MA10 are very close to the current price, suggesting a short-term consolidation or slight downtrend after the recent rally.
* The price is well above MA30, which generally suggests a medium-term bullish trend. MA30 acts as a support level for the current trend.
Volume:
* 24-Hour Volume (BTC): 5.06K
* 24-Hour Volume (USDT): 553.75M
* The lower volume bars indicate fluctuating activity. The recent price rally was accompanied by good buying volume (green bars), but there was also selling volume (red bars) during the price pullbacks. The current volume for the active 4-hour candle (Volume: 124.74) appears moderate.
MACD (Moving Average Convergence Divergence):
* MACD(12,26,9):
* MACD: 126.4
* DIF: 1,242.7
* DEA: 1,116.3
* The MACD line (DIF) is above the Signal line (DEA) and both are above the zero line. This is a bullish signal indicating upward momentum. The gap between DIF and DEA was relatively wide during the last rally, but now it may be converging slightly.
Support and Resistance (Based on visible chart patterns):
* Current Resistance: Around 110,000 - 111,000 USDT (where the "S" signals appear).
* Current Support: MA5 and MA10 are acting as immediate dynamic support. Below this, the previous resistance around 105,000 may now act as a strong support level. MA30 (around 106,859.8) is also providing good support.
Staking Information:
* The current annualized yield of BTC Staking is up to 2.00%. This is an external factor but could affect the holding trend.
Conclusion:
BTC is in a strong uptrend on the 4-hour chart and has seen a significant rally. While there is some profit taking and resistance at 110,000-111,000, the overall sentiment is bullish, with the price well above the major moving averages and the MACD in the bullish zone. Traders can wait for a clear break of 110,000-111,000 for further upside or a healthy consolidation/retest of support levels before continuing the uptrend.