Binance BTCUSDT 1h Trend Prediction

BTCUSDT is currently in an upward wave, with the hourly K-line continuously rising accompanied by increasing volume, indicating a high probability of further gains. The Bollinger Bands are moderately wide open, leaving room for upward movement; short-term resistance is around 116,000, corresponding to mid- to short-term target ranges for price appreciation. Although the MACD has not turned positive, its negative value is gradually converging, and the DIF is above DEA, suggesting a higher likelihood of an upward turn. Coupled with RSI operating at high levels, the price remains robust. Large traders' holding sentiment continues to be predominantly bullish, with active buying forces prevailing, and sufficient capital support for ongoing upward movement. The short-term KDJ is already in a strong zone, indicating some overbought warning. If a pullback occurs, it is expected to find good support near MA10 (approximately 115,058). After correction, an upward continuation is possible. Support areas are mainly around MA20 and S1 (110,714), but given the current volume and capital distribution, deep pullbacks are unlikely. Trading suggestion: It is currently suitable to gradually go long, with a target price range of 115,600-116,000. If a pullback near the MA10 moving average occurs, consider increasing positions, with risk controlled within a stop-loss zone of 114,600-114,800. Overall, the short-term bullish pattern for BTCUSDT remains intact, but attention should be paid to high-level oscillations and the risk of volume decline. If there is a sudden influx of volume or positive news, breaking through 116,000 could further open up upside potential.