【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:
Buy zone: Around 90643 is a relatively low entry point; approximately 90706 can serve as a secondary accumulation zone.
Long position stop-loss: Consider exiting if it falls below 89880.
Sell target: 94197 is the first profit-taking point; 95967 can be a more aggressive target.
Short position stop-loss: For reverse trades, set stop-loss at 95891.
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.
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LightningWallet
· 7h ago
Only when the trading volume catches up is it real; otherwise, it's all an illusion.
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PoetryOnChain
· 7h ago
RSI is already over 70 and still bullish, buddy. Isn't a correction coming?
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VibesOverCharts
· 7h ago
Is RSI hitting 70 still a strong bullish signal? Bro, the risk of a pullback is really something to watch out for. Don't get fooled into a false breakout.
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DogeBachelor
· 7h ago
RSI is so high, are you still daring to chase? I think you haven't learned from the last lesson, haha.
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DAOdreamer
· 7h ago
RSI is already above 70 and they're still bullish. This time, it won't be another false breakout... The trading volume has increased, but I still feel something's off.
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RektRecorder
· 7h ago
RSI is already above 70 and still bullish. Is this really not another trap to lure buyers in? It was the same last time, and it ended up breaking through directly.
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BearMarketHustler
· 8h ago
RSI is already over 70, and you're still saying the bulls are strong? I think this is a typical short-term surge, easy to get trapped.
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.