$BTC #BTC

BTC/USDT – 1H

1. Current trend overview:

Current price: 106,133.75 USDT

Short-term trend: Strong uptrend

Nearest support: 106,200 – 105,400

Nearest resistance: 108,600 – 109,600

2. Technical indicators:

RSI (14): ~72 (overbought zone)

→ Possible short-term correction, avoid FOMO.

MACD:

MACD line crosses Signal line from below.

Histogram expands positively → Strong bullish signal.

MA (7/25/99):

MA(7) > MA(25) > MA(99) → Confirms uptrend.

3. Trading suggestions:

A. Long trade (Buy):

Entry: 105,800 – 106,000 (buy on correction to support)

TP1: 108,600

TP2: 109,800

SL: 104,600

High probability if correction to the MA(7) area + volume support

B. Short trade (Sell):

Entry: 108,600 – 108,800 (resistance area + overbought RSI)

TP1: 107,000

TP2: 106,200

SL: 109,600

Strategy reacts at the overbought area, suitable for short scalping

C. Spot Trading:

Entry: 105,800 – 106,200

Short-term TP: 108,000

Medium-term TP: 112,000

SL: 103,800

→ Hold medium-term according to MA and current momentum.

Note:

The resistance area 108,600 – 109,600 is where a short-term reversal may occur.

If the price breaks above 109,600 with high volume → It may continue to breakout to the 112,000+ area.