Binance BTCUSDT 1h Trend Prediction

Based on Bollinger Band analysis, the current price of BTCUSDT is near the upper band, indicating short-term resistance, but in a strong market trend, further breakthroughs are possible. The MACD indicator remains in positive territory, with a golden cross showing significant momentum, supporting the continuation of a bullish trend. The RSI exceeds 70, typically considered overbought; however, in a sustained strong market, further upward betting by the market is possible. From moving averages, MA5 and MA10 demonstrate good upward momentum, reaffirming that an upward trend is underway. The long-short positions ratio of major investors reaches 2.4047, indicating a clear bullish sentiment among funds regarding BTCUSDT in the next hour. Although amplitude and volatility indicators show market activity, given the relatively consistent and strong signals from these factors, aggressive investors may consider building long positions on support retreats or even at new highs. Analysis indicates that BTCUSDT may experience further upward movement in the short term, with target prices set between 123,300 and 123,700; partial profit-taking can be considered when encountering strong resistance levels. Stop-loss levels can be set below the middle Bollinger Band, around 120,800 USDT, to ensure退出在关键支撑位下方。