Metals
Bitcoin Technical Analysis
Bitcoin is showing early signs of stabilization after a deep correction that bottomed around $98,929. The rebound has pushed the price above the short-term moving averages (5 and 10), which have just started to flatten, suggesting that the selling momentum is cooling down. However, the 30-period moving average remains above the price, acting as dynamic resistance around 104,000–105,000. A clear breakout above that zone would be crucial for confirming a shift in short-term sentiment.
MACD currently reflects a potential bullish crossover that signals waning bearish pressure. If momentum builds, Bitcoin could retest the $106,000–$107,000 area. Failure to sustain above $102,000, however, may expose the ccryptocurrency to another test of $100,000 or even a retest of the $98,900 support. Overall, Bitcoin is in a short-term recovery phase, but the broader trend remains cautious until price decisively reclaims its moving averages.
Bitcoin 4H Chart
| Resistance | $104,560 | $106,454 | $108,316 |
| Support | $101,203 | $99,000 | $98,126 |
Silver Technical Analysis
Silver has been recovering steadily after finding strong support near $45.52. Price action shows a gradual shift in sentiment, as shorter-term moving averages are starting to curve upward and approach the longer-term moving average. This crossover attempt suggests the early stages of a potential bullish reversal, though confirmation will depend on sustained price strength above the $48.50 level.
MACD supports this shift, as it shows a bullish crossover, an early sign of increasing upward momentum. If buyers maintain pressure, the next key resistance sits around $49.30, followed by the $50.00 psychological mark. Conversely, a drop back below $47.50 could signal that the recovery is losing steam and open the way toward 46.00 again. For now, momentum favors a short-term bullish bias.
Silver 4H Chart
| Resistance | $48.50 | $49.15 | $49.36 |
| Support | $47.71 | $47.45 | $46.85 |
USDJPY Technical Analysis
USDJPY has shown a strong bullish trend from mid-October, climbing toward 154.48 before facing resistance. The moving averages (MA 5, 10, and 30) remain in a generally supportive alignment, with shorter-term averages hovering above the longer one, though the gap between them has narrowed, indicating some potential exhaustion in momentum. Price is currently consolidating slightly below 154.00, suggesting the pair is pausing after its sharp rally.
MACD shows a mild bearish crossover, as the MACD line dips slightly below the signal line. This hints at weakening bullish momentum in the short term. A break below the 153.50 area could lead to a deeper correction toward 152.80. However, as long as price stays above the 30-period moving average, the broader bullish structure remains intact. A rebound above 154.50 would likely resume the upward trend toward 155.30.
USDJPY 4H Chart
| Resistance | 154.48 | 155.00 | 155.76 |
| Support | 153.67 | 152.97 | 152.53 |
