Bitcoin in the waiting room – low volume, neutral RSI and a bit of indecision

Published on:

Trusted editorial Content, checked by leading industry experts and experienced editors. Disclosure of the ad

Bitcoin It seems that it will breathe, floating just below the key low -term medium -sized moving and offering little on the road of powerful directional guidelines. Since the price of the price caught in a narrow range and the shoot indicators got stuck in a neutral, the market seems to be in observation mode.

The volume was diluted, signaling the lack conviction Both from bulls and bears, while the RSI remains balanced, which suggests that none of the parties has a clear advantage. When traders scan signals, Bitcoin sits quietly, rolling under the surface, probably preparing for the next decisive movement.

Momentum has no direction when the price of Bitcoin oscillates quietly

IN post At X Shaco AI informs that Bitcoin trades for USD 103,869, sitting just under a 25 -hour SMA in the amount of USD 103,917.60 and 50 -hour SMA at 104,297 USD. Price It remains calmly, drifting slightly below these low -term medium -term and signaling the market content to oscillate, and not commit yourself to a clear direction.

Momentum indicators emphasize this neutrality. The RSI is 49.63, straight during its range, neither purchased or overtaken, while the MacD gap expands to -201.72, which indicates that it is still wearing the narrative, even petite. Shaco AI compares these readings to the “Goldilocks” zone.

Bitcoin
Source: Shaco AI on x

The strength of the trend, although muted, did not completely disappear. Reading adx 24.38 whispers that A tendency It remains in the game, simply powerful enough to maintain alertness of traders. It is a reminder that even modest ADX levels can announce a reception momentum If the volume of service arrives.

Speaking of participation, the volume of current 387.03 drops well below the average 590.34, which suggests that viewers dominate in the field. Shaco Ai states that until the fresh volume returns, Bitcoin will probably remain in the watch and illness mode, leaving traders scanning the metatarsal landscape in search of stronger tips.

Watch the levels: Key zones can signal the next high traffic

Accepting a wider perspective, Shaco Ai pointed out that Bitcoin is currently pressed between two critical levels: stiff resistance to 106,524.65 USD and support at USD 102 345. . resistance The zone acted like a stubborn ceiling, and support still offers a base, although passive.

The volume was clearly low, and the key indicators do not provide a clear direction. As Shaco Ai put it, it is like a “misleading first date” – but there is no powerful commitment on both sides market.

In this uncertain configuration, caution is crucial. Shaco AI recommends watching carefully how the price behaves around these main levels. Any significant augment in volume or company Breakout It can tilt balance and offer tips where Bitcoin is going.

Bitcoin
BTC Trading after 103,912 USD on the 1D chart | Source: btcusdt on Tradingview.com

A distinguished picture from Pixabay, chart from tradingview.com

Editorial process For a bitcoinist, she focuses on providing thoroughly examined, right and impartial content. We maintain strict acquisition standards, and each page undergoes a careful review of our team of the best technological experts and experienced editors. This process ensures the integrity, importance and value of our content for our readers.

Related

Leave a Reply

Please enter your comment!
Please enter your name here