Recently, Bitcoin's one-hour trend has shown a downward fluctuation, with the price gradually retreating from a high of 98,482, reaching a low of around 94,800. The short-term downward momentum is quite significant. From a technical indicator perspective, the MACD (12,26,9) remains in the negative zone, with both DIF and DEA being negative and diverging downward, indicating that the bearish sentiment dominates the market. However, the MACD histogram (-327.4) is negative but has narrowed compared to the previous value, suggesting that selling pressure may gradually weaken. The price initially shows support around 94,650, and some bears taking profits may lay the groundwork for a short-term rebound.

It is expected that Bitcoin will continue its technical rebound in the morning. The current price is forming short-term support around 94,650, and although the MACD indicator has not formed a golden cross, the negative difference between DIF and DEA is gradually narrowing, indicating that the downward momentum is slowing. If the price can stabilize above 95,000, it is likely to further test the resistance range of 96,000-96,500. Additionally, if the hourly K-line closes with a bullish pattern (such as a hammer or engulfing pattern), it will strengthen the rebound signal. It is recommended to pay attention to changes in trading volume and the breakthrough of key resistance above, and for short-term operations, a light position can be laid out for long positions, with a stop-loss reference below 94,500. 3880673150624772122876

In the morning, Bitcoin is around 95,000, with attention on the area around 97,000.