BTC/USDT 1-Hour K-Line Analysis: Rebound Momentum Continues, Short-Term Bullish Dominance

Key Support and Resistance Levels

• Resistance Levels

1. First Resistance: 89,804.9 (Previous High), a key short-term resistance level for the rebound. Breaking through could target the 90,000 integer level.

2. Second Resistance: 90,000 integer level, an important psychological resistance. A breakthrough would open further upside space.

3. Third Resistance: 90,113.0 (Recent High), confirmation of a medium-term rebound trend requires a breakout above this level.

• Support Levels

1. First Support: 88,642.0 (MA5), the current short-term support for the rebound. Losing this level may trigger profit-taking and exit.

2. Second Support: 88,000 integer level, an important psychological support. Falling below this warrants caution for a pullback.

3. Third Support: 86,031.3 (Recent Low), the extreme low point of this decline. Breaking below could open a new downward phase.

Technical Indicator Analysis

• Moving Averages: Short-term MA5 and MA10 crossing above MA20 and MA30 form a golden cross. Price remains above all moving averages, indicating short-term bullish strength and gradually establishing a medium-term rebound trend.

• MACD Indicator: MACD value (117.6) is in positive territory. DIF line crosses above DEA line to form a golden cross, with the red histogram bars expanding, indicating strengthening rebound momentum.

• RSI Indicator: At 63.1, in the slightly strong zone, approaching overbought levels. Reflects that bullish momentum has accumulated some energy but warrants caution for a pullback.

• Volume: During the rebound, volume has gradually increased, showing sustained capital inflow and healthy price-volume coordination.

Summary and Trading Suggestions

Currently, BTC/USDT is in a pattern of “rebound momentum continuing, short-term bullish dominance.” If the price breaks above 89,804.9 (previous high) with volume and stabilizes, consider a bullish outlook targeting the 90,000 level. If the price pulls back and falls below 88,642.0 (MA5), caution is advised for a correction, with particular attention to the validity of the 88,000 support level.