Binance BTCUSDT 1h Trend Prediction

BTCUSDT recently experienced a strong rebound after a major correction; the current price has broken through the middle Bollinger Band and is trending towards the upper band. MACD and moving average systems are simultaneously indicating bullish signals, with a short-term dominance of the bulls. Although the RSI is highly overbought, there is no sign of top divergence or significant correction at present. Coupled with high-level KDJ, the upward trend has not yet ended. Short-term upward movements may occur, but caution is advised regarding subsequent pullbacks. From the market capital structure perspective, the holdings and account numbers of large traders are significantly tilted towards bullish, indicating that major players are increasing their positions and actively driving the market, with buying pressure steadily intensifying. Support zone is between 106200 and 105500. If the price temporarily retreats to this zone, it is likely to be well supported, and major players may seize this opportunity to push prices higher again. The target price is expected to reach the R3 resistance area and approach the upper Bollinger Band. Trading volume has significantly increased, and market sentiment is leaning bullish. Combining volatility and ADX indicators, the probability of the short-term trend continuing is high. It is expected that within the next hour, the price may challenge above 107500, with an extreme possible reach of around 108400. Considering the current trending market conditions, a long position is recommended to follow the trend; however, close attention should be paid to overbought RSI and falling KDJ signals to prevent profit-taking risks after rapid upward movement. A stop-loss is advised below 106200 to guard against sudden pullbacks. Based on the technical indicators and market funds, the bullish advantage is clear, and the short-term probability of sustained oscillatory upward movement remains high. If trading volume continues to support, the bullish trend may extend toward the target zone.