【CryptoWorld】The BTC trend in the last 4 hours is quite interesting. From 16:00 on December 19th to now, the price has slightly risen, but by 20:00 it has pulled back again—this kind of fluctuation actually indicates that the bullish momentum is weakening. Compared to the same period the previous day, the current position has indeed rebounded, but overall it is still a bit lower than midday on the 12th.
From the candlestick pattern, the last candle is a bullish (yang) line, with the closing price above the opening price, forming a hammer pattern. However, there is a detail worth noting: the price is rising, but the trading volume is shrinking. This divergence between volume and price is a signal—upward momentum is waning.
What do technical indicators say? The MACD shows no clear trend; the histogram has been positive but is gradually shortening, indicating that while the bulls are still present, their strength is weakening. The KDJ indicator is neutral to slightly bullish (value at 68), with no obvious golden cross or death cross signals. However, the MA10 has already broken above the MA30 (this happened at 20:00 on December 19th and at midnight on December 20th), indicating a short-term moving average advantage.
Based on these comprehensive assessments, several key price points have emerged: buy consideration levels are at 84,483.79 and 85,165.0, with 85,165.0 also serving as the current support level. If going long, stop-loss can be set at 84,061.37. The target sell levels are at 89,641.28 and 89,140.0, with 89,140.0 also being the current resistance level. For short positions, set the stop-loss at 90,089.49.
In simple terms: the short-term upward trend is still ongoing, but the upward momentum is fading, so close attention should be paid to whether volume can pick up again.
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ChainSpy
· 12-21 00:46
Price drops as volume shrinks; this move looks weak no matter how you analyze it.
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GweiWatcher
· 12-20 08:05
Be cautious when trading volume shrinks; this move might be a false breakout.
View OriginalReply0
GasFeeCryBaby
· 12-20 08:04
The concept of divergence between price and volume has been seen too many times to cut leeks.
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WhaleShadow
· 12-20 07:59
The volume shrank and weakened, this wave is timid.
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GigaBrainAnon
· 12-20 07:56
I've seen too many instances of divergence between price and volume leading to backlash.
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CountdownToBroke
· 12-20 07:56
Price drops as volume shrinks, this wave is going to be rough.
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LiquidationKing
· 12-20 07:50
The divergence between price and volume is an old trick. Every time, they say momentum is waning, but it ends up pushing the price back up.
BTC 4-hour chart technical analysis: Volume-price divergence indicates a weakening upward trend. Where are the key support and resistance levels?
【CryptoWorld】The BTC trend in the last 4 hours is quite interesting. From 16:00 on December 19th to now, the price has slightly risen, but by 20:00 it has pulled back again—this kind of fluctuation actually indicates that the bullish momentum is weakening. Compared to the same period the previous day, the current position has indeed rebounded, but overall it is still a bit lower than midday on the 12th.
From the candlestick pattern, the last candle is a bullish (yang) line, with the closing price above the opening price, forming a hammer pattern. However, there is a detail worth noting: the price is rising, but the trading volume is shrinking. This divergence between volume and price is a signal—upward momentum is waning.
What do technical indicators say? The MACD shows no clear trend; the histogram has been positive but is gradually shortening, indicating that while the bulls are still present, their strength is weakening. The KDJ indicator is neutral to slightly bullish (value at 68), with no obvious golden cross or death cross signals. However, the MA10 has already broken above the MA30 (this happened at 20:00 on December 19th and at midnight on December 20th), indicating a short-term moving average advantage.
Based on these comprehensive assessments, several key price points have emerged: buy consideration levels are at 84,483.79 and 85,165.0, with 85,165.0 also serving as the current support level. If going long, stop-loss can be set at 84,061.37. The target sell levels are at 89,641.28 and 89,140.0, with 89,140.0 also being the current resistance level. For short positions, set the stop-loss at 90,089.49.
In simple terms: the short-term upward trend is still ongoing, but the upward momentum is fading, so close attention should be paid to whether volume can pick up again.