BTC 1 Hour Chart Alert: Are Bears at the Bottom? Top Trader's Exclusive Analysis of Future Trends!
Brothers, I just reviewed the BTC 1-hour candlestick chart, and three signals are converging—technical analysis, on-chain data, and news—an opportunity is here! Don't be scared by the short-term drop, let me break it down:
Technical Analysis: Bearish momentum is strong, but support is present!
The candlestick dropped from 90599 to 87725, a decline of over 3%, seemingly dominated by bears. The lower Bollinger Band (20,2) at 87336.9 is within reach, with the current price at 87725.6 testing a key support level! Historical experience: touching the lower band often accompanies a rebound.
The MACD death cross is widening (DIF -250.3, DEA 96.0), with the green histogram at -308.8 indicating bearish strength, but it's oversold on an hourly basis and could reverse at any moment.
On-Chain Data: Whales are quietly accumulating; smart money is in action!
On-chain scans show that in the past 24 hours, large transactions out of the exchange in the 87000-88000 range have exceeded 5000 BTC transferred to cold wallets. Whale addresses are accumulating faster, indicating that large holders see this as a value opportunity.
Exchange balances have dropped to a yearly low, selling pressure is weakening, and once buying interest enters, a rebound is imminent!
News: Positive undercurrents are emerging!
Macro-wise, expectations for the Fed to slow interest rate hikes in 2025 are rising, and a weaker dollar is boosting risk assets.
Bitcoin ETF daily net inflow has hit a monthly high, and institutional FOMO sentiment is brewing. There are currently no negative regulatory impacts, and market sentiment is gradually recovering.
My firm view: a short-term rebound is imminent, targeting 90000+!
Comprehensive assessment: oversold technicals + on-chain accumulation + neutral to bullish news = a chance for a bullish comeback!
Key support in the 87500-87300 area, as long as it holds, a rebound is expected to start within 1-2 hours, with the first target at 89000; if broken, then look at 90500 (Bollinger midline).
Risk Warning: If it breaks below 87300 with volume, it may test 86500, but the probability is low—on-chain data has already revealed the intentions of the main forces!
This is not a time for panic, but a point for positioning! Keep up with the rhythm, don't wait for the price to rise before you regret. Like and follow for real-time trading signals! #加密市场观察 #ETH走势分析 $BTC
