🚀 BTC/USDT Analysis Summary (1H Timeframe) - Updated European Session & US Session Outlook 🚀
🔴 Price structure: Within a short-term bearish downtrend after forming a peak around $80.559. The current downward momentum has temporarily paused and is showing a slight pullback near support at $76.464 - $76.906.
📉 MA indicators: The Bears fully control the market. Price is below MA(7) and MA(25) ($77.125 - $77.155). Long-term trend resistance from MA(99) remains elevated at the $78.337 level.
📊 MACD indicators: The DIF and DEA signal lines are still well below the 0 axis. Overall selling pressure remains high, with no clear reversal signal yet from the Bulls.
#BTC🔥🔥🔥🔥🔥 $BTC
🔴 Price structure: Within a short-term bearish downtrend after forming a peak around $80.559. The current downward momentum has temporarily paused and is showing a slight pullback near support at $76.464 - $76.906.
📉 MA indicators: The Bears fully control the market. Price is below MA(7) and MA(25) ($77.125 - $77.155). Long-term trend resistance from MA(99) remains elevated at the $78.337 level.
📊 MACD indicators: The DIF and DEA signal lines are still well below the 0 axis. Overall selling pressure remains high, with no clear reversal signal yet from the Bulls.
#BTC🔥🔥🔥🔥🔥 $BTC