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Based on the currently available search results, combined with the time Node on February 13, 2025, the following is the trend analysis of BTC (BTC) based on a 1-hour Candlestick period:
1. The current price and volume trend characteristics of price fluctuations: The recent 1-hour Candlestick shows that BTC has a oscillating downward trend, with multiple large bearish candles appearing, and the closing price is lower than the opening price, indicating strong short-term selling pressure. For example, the analysis on January 23, 2025, mentioned a sharp drop in prices and a breakthrough of the previous low point, with trading volume and prices decreasing simultaneously, and market activity decreased by 10.
Change in trading volume: Multiple analyses have pointed out the continuous shrinkage of trading volume, forming a 'earthquake market,' reflecting a strong market wait-and-see sentiment. Earthquakes usually indicate an increased possibility of a reversal, and attention should be paid to the direction of breakthrough in subsequent volume exceeding 1510.
2. Technical indicator signal MACD indicator:
Recently, the MACD histogram has been continuously negative and gradually lengthening, indicating that the bearish momentum is dominant, especially in the analysis on January 8 and 23, where the MACD shows no clear trend but tends to favor the bearish dominance 210.
If the MACD of the 1-hour period shows a dead cross below the zero axis, it may accelerate the decline; conversely, if the histogram shrinks or a golden cross forms, it may trigger a rebound.
KDJ Indicator:
The KDJ value is currently in the oversold zone (such as KDJ value of 7), but has not formed a clear golden cross or death cross, and the short-term directional signal is weak 24.
Be wary of the potential rebound and recovery of KDJ after it dulls in the oversold area.
Moving Average System:
The cross status of MA10 and MA30 shows that the short-term moving average (MA10) is still above the long-term moving average (MA30), but if the price continues to be under pressure, a moving average death cross may occur, further confirming the downward trend 210.
3. Key support and resistance levels Support level: The current main support range is concentrated at $92,074-$94,508 (data from January 11) and $100,774 (data from January 23). If the price falls below this range, it may test lower points (such as $91,909).
Resistance levels: The resistance levels above are around $96,900 and $103,199. We need to observe whether the price can break through and stabilize in this area to confirm the trend reversal 42.
4. Long and short game with bearish market sentiment dominance: The recent price has attempted to rebound multiple times but has been blocked and fallen back, for example, as mentioned in the analysis on January 23, the price failed to break through the previous high of $108,239 and quickly fell, showing bearish pressure at high levels obvious10.
Potential bullish signal: if there are consecutive positive candles on the hourly chart accompanied by increasing trading volume, it may trigger a short-term rebound. For example, the analysis in April 2020 pointed out that a breakthrough after a low volume could lead to a violent fluctuation 15.
5. Short-term strategy:
Shorting: If the price rebounds to the resistance level (such as $96,900 or $103,199) and the volume is insufficient, consider shorting with a small position, with a stop-loss set 1%-2%24 above the resistance level.
Long: If the price stabilizes at the support level (such as $92,074 or $100,774) and is accompanied by a MACD golden cross, you can try to go long in the short term, with a stop loss set below the support level at 410.
Risk Warning: The current market is quiet with low liquidity. Beware of sudden volatility risks and set stop losses strictly.
In summary, BTC is still in a bear-dominated oscillating downtrend channel on the 1-hour timeframe. The effectiveness of key support and resistance levels needs to be dynamically verified in conjunction with volume and technical indicators. Investors need to closely monitor the crossover signals of MACD and KDJ, as well as the breakthrough of trading volume, and adjust strategies flexibly.
The above information is generated by AI analysis and is for entertainment purposes only.