#比特币走势观察

BTCUSDT Price Trend Analysis on Hourly Level, Mainly Focused on the Division of Buy Area and Sell Area and Possible Market Path Predictions.

Key Analysis Points:

Trend Structure:

After experiencing a significant decline, BTC price has repeatedly found support near the buy area at 92200.

Every time it rebounds to the sell area at 96000, it encounters pressure and then falls back to the vicinity of the buy area, forming oscillation.

Buy and Sell Area Division:

Buy Area: 92200 is located at a low price level, forming a double bottom or support area. It has repeatedly tested this area but has not effectively broken down.

Sell Area: Located in the upper-middle zone, it has repeatedly faced resistance here, showing strong resistance.

Current Price Direction:

The current price is in the rebound phase from the buy area at 92200 to the sell area at 96000, with hopes of breaking through the previous high.

Possible Paths Indicated:

Path 1: If the price breaks through the sell area at 96000, the sell area will turn into support, and a new round of upward movement is expected to begin.

Path 2: If the rebound fails, the price may fall back to the buy area, looking for support to rebound again.

Strategy Suggestions:

If the price breaks through the sell area and stabilizes, a bullish trend may emerge in the short term, considering to go long on a pullback.

If it fails to break through, it will still be in a range-bound oscillation market, and seeking long opportunities near the buy area is more prudent.

Conclusion:

BTC is showing a pattern of oscillation and bottoming on the hourly level, with the key being the breakthrough situation of the sell area. Patiently wait for the breakthrough and act accordingly.