📊 BTC/USDT 1H Technical Deep Dive

1. Trend Structure and Moving Average Patterns

The price retraced from the previous high of 90,531.4 USDT and rebounded after finding support at 87,210.5 USDT. Currently, the price has reclaimed the 89,600 USDT level. The short-term MA5 and MA10 have formed a golden cross, and the price is above the short-term moving averages, indicating that short-term bullish momentum is temporarily dominant; however, the MA20, MA30, MA50, and MA100 are still in a bearish alignment, with the price being suppressed by the MA100 (91,096.5 USDT). The medium-term downward pressure remains, and this move is only a technical oversold correction. A trend reversal still needs further confirmation.

2. Volume-Price Relationship and Capital Flow

During the rebound phase, trading volume increased moderately compared to the decline phase, with volume moving averages turning upward simultaneously. Capital is flowing back into the market, and buy orders at low levels are accumulating, indicating that short-term funds are beginning to position. However, there has been no breakthrough in volume, and the strength of capital support for a trend reversal is insufficient. Most of the current volume increase is due to short-term funds covering previous positions, not large-scale entry of new trend-following capital. Caution is advised for potential volume contraction and a pullback after the rally.

3. Multi-Dimensional Technical Indicator Validation

• MACD: DIF and DEA are closely aligned below the zero line, with red bars turning green and then red again, indicating short-term bullish momentum is fluctuating. The indicator has not yet broken above zero, signaling only a weak rebound. A medium-term trend reversal requires the MACD to effectively cross above zero and for the red bars to continue expanding.

• RSI: Currently at 50.7, in the neutral zone, not yet overbought or oversold. There is still potential for a short-term rebound, with no clear signs of momentum exhaustion. Attention should be paid to any upward turning signals; if the RSI approaches 60 and encounters resistance and falls back, it could trigger a phase correction.

4. Key Price Levels and Market Dynamics

Resistance Levels

1. 89,720 USDT: The MA20 acts as an immediate resistance, representing the first critical barrier for a short-term rebound. A breakout requires volume support; without volume, upward attempts are likely to face resistance and pull back.

2. 91,097 USDT: The MA100 line is a core level for medium-term trend reversal. A volume-supported breakthrough here would break the medium-term bearish pressure and open the way for further upward movement.

Support Levels

1. 89,236 USDT: The MA5 support level, also the lower boundary of the recent rebound consolidation zone, is an important short-term bullish defense line. Falling below this level would weaken the rebound trend, trigger short-term long exits, and lead to sideways movement.

2. 87,210.5 USDT: The previous low and the current rebound's starting point mark a short-term trend watershed. A confirmed break below this level would mean the rebound has failed, and the price would resume downward movement.

Overall, BTC/USDT on the 1-hour chart is in a recovery rebound phase after an oversold condition. Short-term bullish momentum has improved, but medium-term moving averages still exert resistance. The subsequent trend will depend on whether the key resistance at 89,720 USDT can be broken with volume, and the strength of support below. The interplay of volume and price will be crucial for the continuation of the trend. #Gate每10分钟送1克黄金