Gate 2025 Year-End Community Gala #Gate广场创作者新春激励 BTC Price Trend Analysis
Key Points Short-term Outlook: Slightly bullish with short-term consolidation. The daily MACD shows a golden cross combined with RSI at 63.4, indicating growing bullish momentum, and the price remains above key moving average supports. Continuous net inflows into ETFs and favorable policy news are boosting market sentiment, with the Fear & Greed Index returning to a neutral zone at 49. Technical breakout above the upper band suggests a potential push towards 97,000, but caution is advised due to possible pullback risks from MACD divergence on the 4-hour chart and decreasing open interest. Key Supports: • First support: 94,331 (Lower Bollinger Band + liquidation zone) • Second support: 93,470 (Strong support zone for long liquidation, totaling $843M) Key Resistances: • First resistance: $95,948 (Upper Bollinger Band on 1-hour chart) • Second resistance: 97,436 (Upper Bollinger Band on 4-hour/daily chart + maximum pain point for options) Multi-time
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Gate 2025 Year-End Community Gala #Gate广场创作者新春激励 BTC Price Trend Analysis
Key Points
Short-term Outlook: Slightly bullish with short-term consolidation. The daily MACD shows a golden cross combined with RSI at 63.4, indicating growing bullish momentum, and the price remains above key moving average supports.
Continuous net inflows into ETFs and favorable policy news are boosting market sentiment, with the Fear & Greed Index returning to a neutral zone at 49.
Technical breakout above the upper band suggests a potential push towards 97,000, but caution is advised due to possible pullback risks from MACD divergence on the 4-hour chart and decreasing open interest.
Key Supports:
• First support: 94,331 (Lower Bollinger Band + liquidation zone)
• Second support: 93,470 (Strong support zone for long liquidation, totaling $843M) Key Resistances:
• First resistance: $95,948 (Upper Bollinger Band on 1-hour chart)
• Second resistance: 97,436 (Upper Bollinger Band on 4-hour/daily chart + maximum pain point for options) Multi-time