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Bullish

The current level around $84,500 is acting as a consolidation zone. The 15-minute chart shows the price stabilizing between the middle band at $83,948 and the upper band at $84,783 after the recent bounce.



The upward movement from the $57,746 area indicates a larger trend shift. The daily MACD remains positive with the DIF at 2,499.3 above the DEA at 1,000.5, supporting the continuation of this upward trend. The bounce from the $82,828 support level suggests active buying interest at these prices.

The short-term MACD behavior hints at a reduction in downward momentum. The 1-hour MACD shows the DIF at -243.1 crossing above the DEA at -366.9, indicating a short-term bullish crossover. The daily MACD position and the price holding above the daily Bollinger middle line of $79,741 imply underlying structural strength.

Given the $280 million in liquidated long positions and four consecutive days of spot ETF inflows, this pullback represents a buildup for the next move rather than a weakening rally. The liquidation of leveraged long positions removes excess risk, while the consistent ETF inflows provide ongoing buying pressure. The rally is not showing signs of weakening based on the daily MACD and the established support at $82,828.

#BTC短线回调 #Gate广场中秋团圆局
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Lock_433
2 hours ago
Picked up a new angle 💡
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Lock_433
2 hours ago
What’s your take on BTC? 👀
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CryptoMishu
3 hours ago
What’s your take on BTC? 👀
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CryptoMishu
3 hours ago
First Review
Picked up a new angle 💡
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