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BTC 4-hour K-line technical analysis: Bulls are strong, keep an eye on these key levels
【CryptoWorld】The BTC trend over the past 4 hours is quite interesting. From noon on January 13th until now, the price experienced a dip, but then rebounded significantly from the morning of the 12th. The last few candlesticks are all bullish, indicating that buyers are gradually gaining control of the market.
Trading volume also cooperates well—recent hours have seen a clear increase in volume, with price and volume moving upward together, suggesting that this rally is not just a bluff but backed by real capital.
How to interpret the technical indicators? The MACD currently shows no clear trend signal, but the histogram has been positive and gradually expanding, which is a typical sign of bullish momentum building. The KDJ indicator has not yet formed a golden cross or death cross and remains neutral. However, the RSI has already surged above 70, so caution is advised for a potential high-level pullback.
Regarding moving averages, the MA10 has crossed above the MA30, maintaining this pattern at 16:00 and 20:00 on January 13th, indicating a short-term upward trend.
Key levels derived from technical analysis are as follows:
Support and resistance levels are also marked: recent support at 89103, resistance at 94197. This rebound started from a low of 90332, reaching a high of 95414.
Overall, the bullish momentum on the 4-hour chart for BTC is still intact, but with RSI so high, caution is needed to avoid overheating.