BTC 4-Hour K-line Depth Analysis: Weak MACD, Neutral KDJ, Where is the Bullish Turning Point?

2026-01-23 03:00:13

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【Crypto World】BTC’s performance over the past 4 hours is quite interesting. Compared to noon yesterday at 12:00, the price has experienced a significant increase, although it has rebounded from the early morning 8:00 level two days ago, but then declined again compared to 8:00 this morning. The chart shows a large bullish candlestick, but the last candlestick turned bearish, closing below the opening price—this is a signal worth noting.

The trading volume is a bit concerning. Recently, the volume has been shrinking and is noticeably lower than a few hours ago. With price and volume both declining, the market appears somewhat quiet, and participation is not very active.

From a technical indicator perspective, the situation warrants further analysis. Regarding MACD, the histogram is still in the positive zone but has been shrinking—indicating that the bullish momentum is gradually weakening, with no clear upward trend. The KDJ indicator currently shows no golden cross or death cross signals, remaining neutral to weak, with the KDJ value around 74, implying a bearish tendency.

Based on the current data, the comprehensive analysis suggests the following trading reference points: for bullish positions, consider entering around 88427.66 or 87742.0; set the stop-loss at 87985.52. For bearish positions, take partial profits at 95380.99 or 92751.0, with the stop-loss for shorts at 95857.89.

Structurally, 87742.0 serves as recent support, and 92751.0 as resistance. The recent high touched 95380.99, and the low was at 88427.66—this range defines the current trading space.

BTC-0.23%

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ImpermanentLossFan

· 12h ago

The shrinking volume is indeed a bit uncomfortable, it feels like it's going to drop again.

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NightAirdropper

· 12h ago

Price and volume are both falling, this wave looks like it's going to cool off It's the same old MACD decay pattern, can the bulls really hold up? KDJ around 74 still want to push higher? Dream on A bearish reversal candle, I think we need to be cautious Shrinking trading volume is the most annoying, weak signals are everywhere

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RektRecorder

· 12h ago

The shrinking volume is the most heartbreaking; no matter how beautiful the bullish candlestick is, it's all in vain.

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ImpermanentPhilosopher

· 12h ago

The issue of shrinking volume is a bit annoying, no one is trading. --- The last candlestick is a bearish one, haha, here it comes again. --- The MACD histogram is getting shorter and shorter, isn't that just boring? --- KDJ at 74 still dares to call it neutral? What's on their mind? --- A large bullish candle followed by a bearish one, I've seen this pattern too many times. --- The most heartbreaking thing is declining trading volume; no matter how good the technicals are, it's useless. --- Is it time to consolidate again? Or is a breakdown imminent?

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