Binance BTCUSDT 1h Trend Prediction

BTCUSDT has recently exhibited an overall high-level pullback and sharp decline within the 1-hour timeframe. The lower band of the Bollinger Bands has been breached with weak rebound momentum; high-position buy orders are under significant selling pressure. From a technical perspective, the MACD has formed a death cross that continues to diverge, indicating that downward momentum is clearly strengthening. Combined with RSI showing long-term oversold conditions but short-term stabilization not yet achieved, it suggests difficulty in a quick recovery in the short term. Multiple oscillators and strength indicators such as KDJ, DMI, and ADX collectively point towards a bearish trend. DMI- exceeds DMI+ by several times, and a high ADX indicates strong bearish momentum. It is not advisable to blindly bottom-fish. Market funds show more active sell orders, with continuous volume expansion and decline in recent hours. Large institutional players are passively exiting. No signs of a trend reversal for the short-sellers have emerged. Support levels reference S1 (110714.9) and S2 (109850). The short-term consolidation and fluctuation range is expected between 110700 and 111200; if panic selling intensifies, further testing of S2 cannot be ruled out. Overall, the recommendation is to observe short-term and consider light short positions when prices rally. It is not advisable to rush into bottom-fishing; if the price stabilizes at support levels, consider staggered exiting of short positions. Stop-loss is suggested above 112400 (near MA10 and the middle band of Bollinger), to prevent false breakouts. If oversold conditions later reverse through recovery, wait for MACD, RSI, and other indicators to show bullish divergence and reduction in volume for a reversal. Summary: The overall environment leans towards a bearish bias, with strong support levels yet to stabilize, caution is advised to prevent further panic declines. Strict risk management should be prioritized.