Binance BTCUSDT 4h Trend Prediction

Based on candlestick charts and various trend indicators, BTCUSDT is gradually rising, with moving averages arranged in a bullish configuration supporting the bullish trend. The MACD continues to expand, indicating a significant upward momentum. Although the RSI remains at a high level, it has not entered the clearly overbought zone, so there is still room for short-term growth. However, caution is advised if prices are excessively driven upward in the short term, as a rapid pullback may occur. The current price distance from the upper Bollinger Band leaves some space, suggesting that the bulls can sustain their efforts, with the target price range moving upward to 97,000-99,000. The large-scale active positions and the number of accounts both indicate that the main capital gravitating towards long positions, reflecting strong market enthusiasm for buying. Considering 24-hour trading volume and turnover, market participation is high, providing sufficient support and a low risk for long positions. Support zone: 88,564-87,105. If the price retreats to the MA20 (94551.54), traders can look for buying opportunities on retracements, but the main trend still favors going long. If the market rapidly surges causing the RSI to cross above 80 and the price touches the upper Bollinger Band (around 98,750), consider taking partial profits to prevent short-term corrections. Trading recommendation: Focus on buy-the-dip strategy at this stage, targeting 97,000-99,000, with risk controls below the MA20 and ATR support levels (around 94,500). If there is a significant fall below these, promptly cut losses.