📊 BTC/USDT 1H Technical Deep Dive

1. Trend Structure and Moving Average Patterns
The price has been declining unilaterally from the previous high of 91,176.9 USDT, finding support at 86,031.3 USDT and entering a correction phase. Currently, the price stabilizes above the 87,749.0 USDT level. The short-term MA5 and MA10 form a golden cross, and the price is above the short-term moving averages, indicating a temporary bullish momentum; however, the MA20, MA30, MA50, and MA100 remain in a bearish alignment. The price is being suppressed by the MA50 (88,726.1 USDT), and the medium-term downward pressure has not been alleviated. This correction is purely an oversold technical rebound, and a trend reversal still needs validation.

2. Volume-Price Relationship and Capital Flow
During the rebound phase, trading volume increased significantly compared to the decline phase. The volume moving average turned upward in sync, indicating capital returning to the market and accumulation of buy orders at low levels. Short-term funds are beginning to position. However, the volume has not experienced a breakthrough expansion, and the buying strength is insufficient to confirm a trend reversal. Most of the recent 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 a high.

3. Multi-Dimensional Technical Indicator Validation
• MACD: DIF and DEA are closely aligned below the zero line. After the green bars narrowed, red bars appeared, indicating a slight recovery in short-term bullish momentum. The indicator has not yet broken above zero, only signaling a weak rebound. A mid-term trend reversal requires the MACD to stay above zero with red bars expanding.

• RSI: Currently at 47.4, in a neutral to slightly weak zone, not yet overbought or oversold. There is still potential for a short-term rebound, with no clear signs of momentum exhaustion. Watch for an upward turning signal; if it encounters resistance near the 50 level and falls back, a phase correction is likely.

4. Key Price Levels and Market Dynamics
Resistance Levels
1. 87,764.1 USDT: The MA20 resistance, the first key obstacle for short-term rebound. A valid breakthrough requires volume support; without volume, upward attempts are likely to face resistance and pull back.
2. 88,726.1 USDT: The MA50 resistance, a critical point for medium-term trend reversal. A volume-supported stabilization above this level would ease medium-term bearish pressure and open further upside space.

Support Levels
1. 87,063.8 USDT: The MA5 support, also the lower boundary of the recent rebound consolidation zone. An important short-term defense level; a break below would weaken the correction trend, trigger short-term long exits, and cause the price to revert to weakness and oscillation.
2. 86,031.3 USDT: The previous low during the decline and the starting point of this correction. It is a short-term trend watershed; a confirmed break below would mean the correction has failed, and the price would resume downward movement.

Overall, BTC/USDT on the 1-hour chart is in a rebound phase following an oversold condition. Short-term bullish momentum is recovering, but medium-term MA resistance remains. The subsequent trend depends on whether the volume can break through the key resistance at 87,764.1 USDT and the strength of support below. The interplay of volume and price will be crucial for the continuation of the trend.#黄金白银再创新高