#BTC

BTC/USDT Trend Analysis on Smaller Timeframes

1. 1H (1 Hour)

Bollinger Bands: Price is gradually approaching the middle band, indicating accumulation before strong fluctuations.

RSI (6) = 58.3: Neutral, no overbought or oversold signals yet.

Stochastic (K=66.8, D=57.0): Upward, may continue to increase slightly.

⏩ Comments:

If the price breaks through 98,500 USDT, the uptrend may continue to the 99,000 - 99,500 USDT zone.

If it breaks through 97,500 USDT, it may fall to 96,800 USDT.

2. 15m (15 minutes) frame

Bollinger Bands: Bollinger Bands are showing signs of expansion, signaling a big change is coming.

RSI: Approaching 60, short-term uptrend but not strong yet.

Stochastic: Crossing up, may continue to recover slightly before choosing a trend.

⏩ Comments:

If BTC breaks 97,900 USDT, it may go to 98,200 - 98,500 USDT.

If BTC falls below 97,700 USDT, it may go to 97,400 - 97,200 USDT.

Short-term trading strategy

Short-term Long order: If the price exceeds 97,900 USDT, it is possible to enter an order with TP 98,300 - 98,500 USDT.

Short-term Short Order: If the price loses 97,700 USDT, you can enter an order with TP 97,400 - 97,200 USDT.

Stop-loss: Always set a stop loss of about 0.5 - 1% to reduce risk.

⏩ Summary: BTC is in the accumulation phase, need to wait for a clear breakout in the 97,900 - 98,500 USDT area to determine the trend. If the price falls below 97,700 USDT, it can adjust to the nearest support.

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