Binance BTCUSDT 1h Trend Prediction

BTCUSDT recent trend overall downward, with no signs of reversal in the main decline. From the candlestick patterns, multiple rebounds lack strength, with highs continually lowering, indicating a clear bearish trend. Technical indicators show that the middle band of the Bollinger Bands is the current short-term resistance. Price has not broken through the moving average bands (MA5, MA10, MA20), which are hovering around the current price, and the 200-day moving average remains significantly higher than the current price, exerting continued resistance. MACD is in negative territory and continues to diverge, indicating a bearish advantage. In the short term, the RSI is extremely oversold but shows no obvious bullish divergence, suggesting room for further downward momentum. The KDJ indicator has entered a sluggish downward phase with no reversal crossover formed, confirming the continuation of the bearish trend. Based on order book metrics such as long and short positions and active buying and selling, bullish funds display strong intent to long but have been unable to push the price higher. In the short term, the market is in a passive trapped zone for longs, caution is advised as the main force may induce more upside traps and further downward movement. Support level S1 is at 89,012, with the target zone between 90,000 and 91,500 serving as the primary short-term defense area. If broken, a longer-term signal for correction should be awaited. It is recommended to observe or to short on rallies in the short term, with stop-loss set near MA10/MA20. Pay close attention to volume and oversold rebound signals; if a strong rebound occurs after oversold, consider switching to a wait-and-see approach. Overall, BTCUSDT shows a weak short-term trend, with a high probability of oscillating downward. Focus on whether the price can repeatedly find support around 90,000-91,500.