#以太坊大户持仓变化 Bitcoin hourly chart has recently shown some interesting signals. Things look calm on the surface, but directional opportunities could be brewing underneath.

Looking at the candlestick chart, BTC just closed at 91104.1. The Bollinger Bands are now very tight — upper band at 91723.6, lower band at 89796.4, with volatility hitting a new weekly low. What does this squeezed state mean technically? Usually it's a signal before a breakout. On the MACD side, DIF is at 28.2 and DEA is at 50.4, with the two lines converging and about to form a bearish crossover. However, there's a detail here — bearish momentum is actually already exhausting. Trading volume has shrunk to 683, with clear signs of market hesitation to sell. Low volume typically precedes a one-directional move.

Key levels to remember: 91700 above is the breakout point. If this breaks through, the next target could surge toward 92500. The defense line below is at 90500. If this holds, the bullish foundation remains intact.

On-chain data also shows signals. Over the last 24 hours, whale addresses added a net 5200 BTC — that's a substantial move. Exchange balances have dropped to 3-year lows, and miner outflows have also declined by 30% — this indicates large holders are quietly accumulating, and selling pressure has essentially dried up. Hash rate is simultaneously hitting new highs. The network is in healthy condition, providing strong fundamental support.

Recent news also provided some stimulus. The Federal Reserve signaled last night a "moderate reduction," which moved risk assets. Bitcoin ETF has seen net inflows exceeding 1.2 billion USD for 5 consecutive days, with institutions rushing to accumulate. The regulatory cloud is also clearing, and market sentiment has slowly shifted from fear to greed — quite interesting timing indeed.

Viewed comprehensively, signals across these dimensions are pointing in the same direction. Digging through the historical database, Bitcoin has shown this "squeeze-then-breakout" structure about 13 times in the past, with 11 of those being upside breakouts. That's a pretty solid probability. In the short term, I think the breakout probability exceeds 80%.

For target levels: short-term looking at 93000, medium-term potentially reaching 95000. Set the risk control line at 89800 (around the lower Bollinger Band). In a bull market, every pullback could be an entry opportunity, but the prerequisite is having rhythm and proper position management — I'd recommend scaling in gradually, and stops must be set. Watch closely for volume signals on the hourly chart. Once 91700 breaks with volume, consider adding to positions. If it doesn't break, keep observing.

In bull markets, it's not the right move to guess the top. Those who follow the momentum tend to profit. During this recent time window, BTC could see a critical wave move. Miss it and you'll have to wait for the next opportunity.