📊 Bitcoin Hourly Market Analysis

· Price: 96,940 USDT, up 1.96% intraday, in the upper middle of the 24-hour range (95,076–97,941).
· Structure: Price stabilizes above MA5(96,838) to MA30(96,488) multiple moving averages, short-term moving averages are converging, showing a oscillating bullish bias.
· Volume: MACD fast and slow lines are converging above the zero line, green bars are narrowing, indicating high-level consolidation; RSI is at 58.3, in a neutral to slightly bullish zone.
· Orders: Buy orders account for 56.36%, slightly higher than sell orders, indicating a relatively balanced bullish and bearish force at current price levels.

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🎯 Key Bull and Bear Levels

Bullish signals (support for long positions)

· Support 1: 96,500–96,800 (MA20–MA30 overlap zone + intraday support level)
· Support 2: 95,076 (24-hour low, strong support level)
· Stop-loss: Break below 94,800 (daily chart weakening)
· Target: 97,500 → 97,941 (previous high)

Bearish signals (resistance for short positions)

· Resistance 1: 97,500–97,600 (psychological level + pressure zone below previous high)
· Resistance 2: 97,941 (24-hour high, breakout targets 99,000)
· Stop-loss: Break above 98,000 (confirming strong upward momentum)
· Target: 96,800 → 95,500

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🔄 Trading Strategy

1. If the price rebounds and stabilizes at 96,500–96,800: consider a small long position, stop-loss at 95,900, target 97,500–97,941.
2. If the rebound to 97,500–97,800 faces resistance: consider shorting, stop-loss at 98,100, target 96,800–96,000.
3. If volume breaks through 97,941: follow the trend and go long, target 99,000–100,000.
4. If the price falls below 95,076: consider a small short position, target 94,000–93,000.

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⚠️ Notes

· Price is oscillating below the previous high, with fierce competition between bulls and bears around 97,000.
· Currently in a critical phase for direction choice; it is recommended to wait for clear breakout signals at the range boundaries (96,500 support / 97,941 resistance) before acting.
· If oscillation persists between 96,500–97,500, consider high selling and low buying, but be sure to set proper stop-loss levels.#加密市场观察