Market analysis on 2025.2.15 #BTC

btc
Weekly line level:
1. The MACD line has a death cross at a high level, and the MACD momentum column is gradually moving down, but the price has not fallen below the strong support near 90,000. This trend means that BTC still needs to repair the MACD indicator in an adjusting manner in the long term. Only when the MACD line returns to near the 0 axis and the momentum column gradually rises, can a trending market arrive.

Second, Daily Timeframe:
1. This week, btc pierced to near 94000 at the lowest point, and quickly recovered above 95000, operating around the range of 95000-99000.
2. Indicators:
The MACD histogram is gradually rising, indicating an increase in volume, while the MACD line is flat below the 0 axis.
RSI has gradually risen from the oversold zone to a neutral level.
Although the indicators are performing well, the trading volume is low.

3, 4H, 1H levels:
The small level is still in a boxy shape. 99000 is the upper edge of the oscillating box, and 95000 is the lower edge of the box.

Four: Summary:
The long cycle needs to oscillate for a long time to repair the MACD indicator.
The small level is a box structure, and 99000 is the watershed of the small level long and short. Only when the long side breaks through 99000 and then retraces without breaking can the small level turn into a large level and drive the daily line upward rebound. Otherwise, the trading plan should still be formulated according to the oscillation range.

Five: Pressure: 99000, 98000.
Support: 95000, 94000.