BTC four-hour chart analysis: long positions established, but beware of shrinking Trading Volume.

[Coin World] I looked at the recent 4-hour chart of BTC, and the trend is quite interesting. Since December 1st, it has been recovering losses, and it directly broke through the high point of 4 AM today, with long positions completely swallowing short positions. The last bullish line closed quite steadily, with the closing price surpassing the opening price.

However, there is a detail to note - the trading volume is shrinking. The price is going up, but the volume cannot keep up, and this kind of divergence usually means that the upward momentum is not very strong.

In terms of technical indicators: MACD currently has no clear direction. Although the histogram is still below the zero axis, the negative values are narrowing, indicating that the bearish strength is weakening. The KDJ value is stuck at 20, with neither a golden cross nor a death cross, falling in a neutral and slightly weak area.

Specific point reference:

• For long positions, you can look around 84677, being aggressive at 84039 is also fine, set the stop loss at 84254.
• The upper target level of 92362 is the first level, and if it can push through, 93592 can be expected.
• In case of short positions, it is best to set the stop loss above 92824.
• Current support at 84039, resistance at 93592
• Recent high point 92362, low point 84677

Overall, the technical aspect is leaning towards long positions, but be cautious of the lack of volume support.