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BTC Short-term Technical Analysis: The 1-hour MA5/10/30 lines are intertwined, showing no clear directional guidance, a typical consolidation signal. MACD is repeatedly hovering around the zero line, with the momentum bars continuously narrowing, currently lacking strong directional driving force. RSI has fallen back into the neutral zone, the previous overbought condition has been corrected, and no extreme bullish or bearish signals are present.
From the pattern perspective, the upward structure has not been broken, but the initial signs of bearish divergence are emerging—price tends to pull back after a rally, and there is support on the downside, making a one-sided trend unlikely. Based on this assessment, there are three possible short-term directions.
**Most Probable Scenario**: Continue to fluctuate within the 94,200-96,500 range. Avoid chasing high or selling low without volume confirmation; focus on key levels for safer operations. **Breakout Upward**: If the price stabilizes above 96,500 with significantly increased volume, it can be expected to target 97,000-97,500. When hitting resistance, take profits immediately—don’t be greedy. **Breakdown Downward**: If the price falls below 94,200 and cannot quickly recover, it may drop toward 93,700-93,000. The bullish structure will weaken, and risk management should be prepared.
Risk control is always the top priority. Conservative traders are advised to buy on dips when the price stabilizes around 94,500-95,200, with a stop-loss firmly below 94,000; when encountering resistance at 96,000-96,500, quickly reduce positions and lock in profits. Aggressive traders can follow the range with light positions, adding on breakdowns, but never exceeding 30% of total capital—better to miss opportunities than get caught in deep losses.