BTC long short battle: Key support levels may become winners or losers
The current BTC price is around $115000, and the chip distribution shows a strong support zone between $111100-111340, with dense trading and strong buying power. Combined with member indicators, RSI has broken through the upward trend line, releasing a bullish signal, while KDJ's golden cross further confirms short-term performance. However, the K-line pattern shows a top split pattern, coupled with KDJ being in an overbought area, raising concerns about the risk of price decline. If the support level of 111100 stabilizes, it may trigger a new wave of upward trend. Unlock member indicators, accurately locate buying and selling points, and seize the next wave of BTC market! The data is sourced from the PRO member's [BTC/USDT Binance 4-hour] candlestick chart, for reference only, and does not constitute any investment advice.
