Binance BTCUSDT 1h Trend Prediction

Based on comprehensive technical and fund flow analysis, BTCUSDT currently exhibits an extremely bearish dominance on the hourly chart. The lower band of the Bollinger Bands has quickly broken downward, with the price significantly below the 20/50/200-hour moving averages. The medium and short-term trend has already deteriorated, and there is a risk of further decline in the short term. Multi-timeframe RSI indicates extreme overselling, but accompanied by increasing volume and large bearish candles, showing no signs of stabilization yet. Investors should exercise caution when bottom-fishing. MACD and DMI continue to accelerate downward, indicating prevalent market panic sentiment, with bearish momentum taking the lead. Although some major account indicators show a high long position, the active buy-sell ratio, order book data, and increasing volume downward suggest that the bulls are passively under attack, and chip distribution is significantly loosening. Support level S1 (111844.3) is virtually ineffective; attention should be given to S2 and S3 (109021.9 and 108566.0) zones as potential short-term support areas for halted decline. It is expected that in the next hour, the price may continue to fall and test the 109,000-111,200 range. If it breaks below 109,000, further accelerated decline must be guarded against; rebound potential is limited. Moving averages and the middle band of Bollinger Bands exert significant pressure on the upside, making contrarian buy low and sell high strategies unsuitable under the current strong trend. Trading recommendations: For short-term bearish positions, consider reducing holdings in batches at or below 111,500 during upward retracements to realize profits. Wait and observe, or look for signs of bottom stabilization with K-line confirmation after oversold conditions before considering contrarian entries. Strictly control position risks; set stop-loss above 112,000 to prevent sudden upward pullback and intra-day reversal.