Binance BTCUSDT 1h Trend Prediction

Based on comprehensive current technical indicators and market data, BTCUSDT is undergoing a dominant bearish trend. The price has fallen to the lower Bollinger Band region, with multiple indicators such as MACD, KDJ, and RSI showing extreme bearish signals, with almost no signs of bullish resistance. The candlestick chart exhibits a gradual transitional decline, while trading volume has not decreased, indicating that the bearish force has not yet exhausted, and large institutional holdings continue to suppress the market. Although the bull-bear ratio data shows concentrated large and institutional bearish positions, the active buy-sell ratio and the number of accounts also reflect weak bullish momentum, with only sporadic funds attempting to bottom fish. Mainstream funds are not reversing the trend, and risk appetite remains extremely low. Resistance levels are far from the current price, and the main support areas have not yet appeared. After a dip near 88,550, a short-term bottom-fishing or technical rebound may be triggered; however, the overall trend currently lacks a basis for reversal. Short-term recommendation is mainly to wait and see; prudent traders may consider incremental purchases near 88,500-89,200 with strict stop-loss orders. Rebound potential is limited; caution is advised against blindly shorting. If the price falls below 88,500, increased downside risk should be monitored, which can serve as a stop-loss level. If within the next hour, indicators begin to converge, trading volume significantly shrinks, and RSI and KDJ indicators rebound, it may be appropriate to assess potential rebound entry points. However, short-term operations should mainly focus on buying dips on pullbacks, avoiding blindly chasing long positions.