#BTC资金流动性 Recent Market Observation in the Last Week

From the 1-hour candlestick chart, $BTC fell back after reaching around 4374, and then fluctuated repeatedly between 4309 and the high point. Currently, it is stuck in a consolidation state at the high - it has neither broken through the key level above nor held the recent bottom.

How to view the indicators? The MACD is in the positive zone, and the red bars are still present, indicating that there is still bullish sentiment in the short term. However, the values have not shown a significant increase, and the momentum is actually not very strong. More importantly, the KDJ—both the K and D values are above 50, indicating a strong range, but the J line is beginning to turn, and the K line is about to cross below the D line. This signal usually indicates that the short-term will either undergo a correction or continue to consolidate at a high level.

Practical operation suggestions:

**Bullish Logic**: If the price pulls back and stabilizes in the range of 4330-4325, a small long position can be taken here, with a target at 4340, and then further up at 4360, with a resistance level at 4350 in between.

**Bearish Perspective**: If the rebound reaches 4350-4370 and encounters resistance, a light short position can be established. The initial target below is 4340, then 4320, and once it breaks down, it can be shorted down to around 4300.

The market is still in the stage of price and volume negotiation, so there's no need to rush into heavy positions.