📊 BTC/USDT Analysis Summary (H1 Timeframe) - Asia/Europe Session & US Session Outlook $BTC
1. ASIA & EUROPE SESSION OVERVIEW:
• Current price: $77,549.28 (Slight decrease -2.58%).
• Price structure: After forming a short-term peak at $81,478.87, BTC entered a falling correction phase (Sideway Down). Currently, the downward momentum has slowed and is consolidating around the $77,500 support zone.
• MA indicators: Price has fallen below MA(7) and MA(25). The MA(7) line is trending downward, creating short-term bearish pressure, but the overall larger structure remains above MA(99).
• Volume (VOL): Selling pressure shows signs of gradually exhausting as price approaches the support zone
1. ASIA & EUROPE SESSION OVERVIEW:
• Current price: $77,549.28 (Slight decrease -2.58%).
• Price structure: After forming a short-term peak at $81,478.87, BTC entered a falling correction phase (Sideway Down). Currently, the downward momentum has slowed and is consolidating around the $77,500 support zone.
• MA indicators: Price has fallen below MA(7) and MA(25). The MA(7) line is trending downward, creating short-term bearish pressure, but the overall larger structure remains above MA(99).
• Volume (VOL): Selling pressure shows signs of gradually exhausting as price approaches the support zone