The MACD is currently in the initial divergence stage after a low-level golden cross pattern. Both the fast and slow lines are moving upward, and the red bars are continuously expanding, indicating that short-term long positions are dominant. Past experience shows that if the MACD golden cross is accompanied by a continuous increase in Trading Volume, it is often an important signal at the beginning of a bull run. However, the daily chart MACD has not yet left the zero axis; if a death cross occurs near the zero axis, it may lead to a failed Rebound. Therefore, BTC currently has the basis for a Rebound, but whether it can reach 100K directly still needs further observation on whether the weekly MACD can form a larger level golden cross pattern. Overall, the MACD conveys a moderately optimistic bias, but caution is needed for corrections along the way.
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The MACD is currently in the initial divergence stage after a low-level golden cross pattern. Both the fast and slow lines are moving upward, and the red bars are continuously expanding, indicating that short-term long positions are dominant. Past experience shows that if the MACD golden cross is accompanied by a continuous increase in Trading Volume, it is often an important signal at the beginning of a bull run. However, the daily chart MACD has not yet left the zero axis; if a death cross occurs near the zero axis, it may lead to a failed Rebound. Therefore, BTC currently has the basis for a Rebound, but whether it can reach 100K directly still needs further observation on whether the weekly MACD can form a larger level golden cross pattern. Overall, the MACD conveys a moderately optimistic bias, but caution is needed for corrections along the way.
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