1 Hour Market Observation: The Moment for Bulls Has Arrived
After watching the market for so long, the 1-hour trend is becoming increasingly interesting. Prices are repeatedly testing between the dense area of EMA and the middle track of BOLL, with both bulls and bears engaged in close combat at critical positions — this kind of suppression often signals a market breakout.
Several technical details cannot be overlooked:
Although the MACD is sticking near the zero axis, the fast and slow lines have already formed two golden crosses underwater, and the bearish downward momentum bars have noticeably shrunk, indicating that the bears are losing their stamina; the 4-hour MA30 and the current price have formed a resonant support, and buy orders on the exchange are also piling up; the BOLL band width has reached its tightest level recently, and according to historical patterns, such squeezes usually lead to a one-sided market move of more than 3%.
Signals on the blockchain are also very persuasive. The net outflow of BTC balances from exchanges has exceeded 12,000 coins for three consecutive days, indicating that large holders are quietly withdrawing coins; there have been 8 new addresses holding more than 1,000 coins this week, as smart money builds positions at the current level. The perpetual contract funding rate has returned to neutral, and the hotspot for leverage liquidations has shifted to the upper resistance area, making it easier to trigger a chain reaction once a breakout occurs.
In terms of news catalysts, today's speech by a Federal Reserve official could become a turning point. If it leans dovish, coupled with a significant accumulation of call options at the $72,000 price level in the current options market, the main force has ample reason to push upwards.
My thoughts are: the current volatility is a typical accumulation pattern. You can gradually build long positions in the range of 1-hour EMA7 and the lower track of BOLL, with a stop-loss set 300 points below the recent low. The first target is the previous high resistance area, and if it breaks through, it will accelerate towards the $71,000 - $73,000 region. Market sentiment has shifted from extreme fear to early greed; don't wait until everyone is shouting to go long — the real opportunity belongs to those who decisively take action in silence.
For specific points, you can come to the chat room, and Zhuohang will guide you on operations.
