Based on your Binance BTC/USDT 1-hour chart , here’s a brief technical analysis:

Current Market Snapshot:

Price: $103,701.50

24h High/Low: $104,100 / $102,315

Trend: Uptrend (Short-term bullish)

Key Indicators:

1. EMAs (Exponential Moving Averages):

EMA(7): 103,598.46 (Yellow)

EMA(25): 103,131.35 (Pink)

EMA(99): 100,377.87 (Purple)

Interpretation: Price is well above all EMAs → Strong bullish momentum.

2. MACD (Moving Average Convergence Divergence):

MACD Line (DIF): 366.34

Signal Line (DEA): 373.35

Histogram: Slight red bars

Interpretation: Minor bearish divergence forming; possible short-term consolidation.

3. RSI (Relative Strength Index):

RSI(6): 62.45

Interpretation: Healthy strength — not yet overbought (>70), but trending upward.

4. Volume:

Noticeable increase during breakout from $93,377 to $104,361

Interpretation: Strong volume confirms the move — buying pressure supported the rally.

Support & Resistance Levels:

Immediate Support: ~$102,500

Major Support: ~$100,000

Immediate Resistance: ~$104,100 (24h High)

Next Resistance: ~$105,500 – $107,000 (historical zones)

Conclusion:

BTC is in a clear short-term uptrend with strong support above $100k.

RSI is rising but not overbought, allowing more upside potential.

MACD weakening slightly, so a minor pullback or sideways move is possible before the next leg up.

Trading Tip:

Watch the $102,500 support zone — a bounce here could trigger the next rally. Break below might lead to retest of $100k.