Binance BTCUSDT 1h Trend Prediction

BTCUSDT recently experienced a significant decline followed by stabilization. Currently, it is oscillating within the range of 106500-107400. Candlestick distribution shows multiple dips supported by buy-ins, but rebound strength remains limited, preventing the formation of a new strong upward attack. The Bollinger Bands indicate that the current price is between the middle and upper bands, with no strong breakout signals. The Bollinger Band width is limited, and the market has yet to enter a new large-volume trend. Long and short positions, as well as large account holdings, are positioned predominantly on the bullish side, but have not reached extremes. This suggests a lack of consensus among bulls, with clear capital divergence and a market mood leaning towards cautious observation. While the MACD histogram shows some warming, both the MACD signal line (DEA) and the MACD difference (DIF) are below zero, indicating momentum recovery without a clear direction. The market exhibits characteristic oscillations. RSI and KDJ signals for overbought and oversold conditions do not show sharp deviations, confirming that rebounds are unlikely to rapidly evolve into trending moves. Overall trading volume remains neutral to low, with no significant surge in volume observed. Major players are still adjusting their positions, and the short-term oscillation pattern is likely to persist. Strategy-wise, focus on buying low and selling high within the current range, patiently awaiting new volume breakout points. Support levels are at the MA20 and the lower Bollinger Band (106220-106730), while resistance levels are at 107200-107400. A clear single-sided breakout signal has not yet formed. The current approach remains based on high-probability oscillation strategies, with strict position and stop-loss controls.