Despite brief moments of accumulation, bitcoin remains under firm bearish control, as confirmed by the daily, four-hour, and one-hour charts. The daily chart illustrates a well-defined downtrend marked by consistent lower highs and lower lows, with a local peak near $124,500 and a recent low close to $107,400. Red volume spikes during major declines reveal a strong presence of sellers, while waning green volume near support suggests buyer hesitation. Immediate support lies at approximately $107,000, while resistance is seen around the $114,000 zone. Without clear bullish reversal signals—such as a bullish engulfing or hammer candlestick accompanied by rising volume—long positions remain speculative.
BTC/USD daily chart via Bitstamp on Aug. 30, 2025.
The four-hour bitcoin chart reinforces the broader downtrend with visible price action from $114,800 down to $107,400. Following the decline, bitcoin has entered a minor consolidation phase, reflecting a weak recovery attempt. Sellers remain dominant, as seen in pronounced red volume bars during sell-offs and lackluster follow-through on green candles. The support level at $107,400 has been tested multiple times, while resistance near $110,500 to $111,800 represents the prior consolidation range. Traders may consider short positions if the price fails to reclaim these levels with strength.
BTC/USD 4-hour chart via Bitstamp on Aug. 30, 2025.
Short-term action on the one-hour bitcoin chart reveals a shift from micro downtrend to a range-bound structure, indicating possible early-stage accumulation. Candlestick patterns around $108,000 show indecision, with smaller bodies and lower volume—typical signs of market participants waiting on confirmation. Support is observed at $107,400, while resistance hovers between $108,800 and $109,000. Scalping strategies could favor buying near support and selling near resistance, while a break above $109,500 with significant volume might target the $111,000 mark.
BTC/USD 1-hour chart via Bitstamp on Aug. 30, 2025.
Technical indicators provide additional context. Oscillators are largely neutral, with the relative strength index (RSI) at 38, Stochastic at 18, commodity channel index (CCI) at −140, average directional index (ADX) at 19, and Awesome oscillator at −4,917. However, momentum sits at −5,704, and the moving average convergence divergence (MACD) level stands at −1,766, both indicating bearish signals. This confirms the broader negative sentiment and implies continued downside risk unless momentum shifts.
Moving averages (MAs) across multiple timeframes further support the bearish outlook. All short- and medium-term averages, including the 10-, 20-, 30-, 50-, and 100-period exponential (EMA) and simple moving averages (SMA), are indicating negative signals. Notably, the 200-period EMA and SMA—long-term trend indicators—offer bullish signals, suggesting structural bullishness over an extended horizon despite short-term weakness. Until price can reclaim critical resistance zones with conviction, caution is advised for bullish traders.
Bull Verdict:
While the prevailing trend remains bearish, long-term moving averages still suggest underlying structural strength. A successful defense of the $107,000 support zone and a breakout above the $109,500 resistance with rising volume could signal the early stages of a bullish reversal. However, bulls must remain cautious and await confirmation through momentum and volume expansion before considering sustained upside positions.
Bear Verdict:
Bitcoin’s price action across all major timeframes confirms a dominant bearish structure, with lower highs, strong sell volume, and all short- to mid-term moving averages aligned to the downside. Oscillators reflect fading momentum, and failed rallies near resistance levels offer high-probability shorting opportunities. Unless bitcoin reclaims the $114,000 breakdown zone with conviction, the path of least resistance remains lower.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。