BTC 4-hour chart shows volume-price divergence, bullish momentum weakening—focus on these key levels

【Crypto World】I took a look at BTC’s recent 4-hour trend, and it’s quite interesting. From the candlestick pattern, the price slightly increased compared to the early morning of the 20th, but by 04:00 it pulled back a bit. Overall, it still shows a rebound compared to 8 PM on the 18th. The last candlestick is a bullish one, closing higher than the opening price, but its size is moderate.

What’s more worth noting is the shrinking trading volume. The price is rising, but the trading volume is decreasing—this is a classic divergence between volume and price, essentially indicating that the upward momentum is weakening. The MACD histogram has been in positive territory, but its width is gradually narrowing, showing that the bullish strength is clearly insufficient. The KDJ indicator currently shows no clear golden cross or death cross signals, remaining neutral with a KDJ value at 72.

From the moving averages perspective, MA10 remains above MA30, indicating an upward trend, but combined with the divergence between volume and price and the shortening MACD, this upward move might have a ceiling.

Currently, the technical levels are as follows:

  • Support at around 85145.0
  • Resistance at 89308.0
  • Recent high at 88513.44, low at 84483.79

If you’re looking for long opportunities, consider the price ranges of 84483.79 and 85145.0; set the stop-loss for longs at 84061.37. Conversely, if considering short positions, look at selling points at 88513.44 or 89308.0, with a stop-loss at 88956.01.

The core logic is: the upward trend exists, but the momentum is waning, so be cautious.

BTC-0.11%
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