📊 Bitcoin Hourly Market Analysis #GateTradFi上线

· Price: 96,194 USDT, up 1.36% intraday, in the upper-middle range of the 24-hour zone (94,685–97,941)
· Structure: Price is oscillating between MA5(96251) and MA20(96494), with moving averages highly converged, facing a direction choice
· Volume: MACD dead cross downward but above zero line, green bars narrowing; RSI at 52.4, in neutral zone
· Orders: Sell volume accounts for 66.7%, selling pressure slightly exceeds buying, watch for momentum during breakout

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🎯 Key Long and Short Levels

Bullish signals (support for long positions)

· Support 1: 96,000 (psychological level + dynamic support near MA30)
· Support 2: 94,685 (24-hour low, strong support zone)
· Stop-loss: Break below 94,500 (daily structure may weaken)
· Target: 97,000 → 97,942 (previous high)

Bearish signals (resistance for short positions)

· Resistance 1: 97,000 (psychological level + recent high platform)
· Resistance 2: 97,942 (24-hour high, key resistance level)
· Stop-loss: Break above 98,000 (open upward space)
· Target: 96,000 → 94,685

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🔄 Trading Strategy

1. If retracing to 96,000–95,500: stabilize and consider long positions, stop-loss at 94,500, target 97,000–97,942.
2. If rebounding to 97,000–97,500: face resistance and consider short positions, stop-loss at 98,000, target 96,000–95,000.
3. If volume breaks through 97,942: lightly chase longs, target 98,500–99,000.
4. If breaking below 94,685: lightly chase shorts, target 93,500–92,500.

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⚠️ Notes

· Multi-timeframe moving averages are highly converged (MA5–MA30 concentrated around 96,000–96,500), a direction will soon be chosen.
· Currently in a high-level consolidation phase, avoid frequent trading at mid-range prices, wait for key breakout signals with volume.
· If the price continues oscillating between 96,000–97,000, consider range trading with high sell and low buy, but set proper stop-loss.