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$BTC Bitcoin Afternoon Real-Time Data
From the chart, we can clearly see that the price has pulled back from the 71789 high point, with lows gradually rising from 68500 to 69500 to 69800, and highs gradually declining from 71789 to 71400 to 70800, forming a standard converging triangle consolidation pattern. The volatility range continues to narrow, and the signal for a trend change is already very clear. Price is pressured below the MA20 and MA30 moving averages, the MACD red histogram continues to shrink, DIF and DEA show signs of a death cross, RSI has fallen back into the 50 neutral zone, indicating that bullish momentum is gradually weakening while bearish strength is building up. The Bollinger Bands continue to narrow, which confirms the calm before the trend reversal.
Key Levels:
The upper rail resistance of the triangle is at 70500-70800, the lower rail support is at 69500-69800. Once either level is broken, it will trigger a trending move. #加密市场回涨