Binance BTCUSDT 1h Trend Prediction

The candlestick chart displays a clear downtrend phase, with insufficient rebound volume. The current price approaches the previous low support zone (S1 91250); a breach of this level will test the support area between 90000 and 90600. The MACD remains in negative territory, deepening without forming a golden cross, indicating that the dominant bearish trend has yet to reverse. Short-term continuation of the correction is probable. The Bollinger Bands are narrowing with an upper and lower band distance of only 0.0328; the ATR (Average True Range) at 773 indicates a neutral and slightly contracting volatility. This suggests a short-term downtrend with a low likelihood of sharp one-sided breakdown, leaning towards a gentle decline or weak oscillation downward. Market sentiment shows bullish accounts and position ratios that appear strong on the surface, yet active buy-sell forces are weak, and the price continues to decline. Capital distribution and actual transaction data indicate dominance by the bears. Caution is advised as a high proportion of longs may close positions further in a weak market, increasing downside risk. Currently, only the support/resistance level at S1 (91250) is effective. A breakdown will directly test the key support at 90000. Holding above 91250 suggests sideways movement within the 90600-91400 range, mainly downward with limited rebound strength. Recent volume has increased but without clear absorption, indicating rising probabilities of panic selling or active dumping. Short-term trading should focus on shorting at higher levels, with a stop-loss above 91700, aiming for a target zone between 90500 and 91250. The market shows slight bearish bias; avoid blindly going long. Considering the overall technical and volume distribution analysis, BTCUSDT is highly likely to continue declining over the next hour toward the 90600-91250 range. Absent significant capital shifts, weak decline or low-level oscillation should prevail.