BTC/USDT 1-Hour K-Line Analysis: Short-term oscillation rebound, medium-term moving average resistance

Key Support and Resistance Levels

• Resistance Levels

1. First resistance level: 90,000 round number, resonating with the previous high of 90,531.4, forming a resistance zone, which is the core hurdle for the bulls' rebound.

2. Second resistance level: MA100 (91,096.5), this long-term moving average is an important watershed for the medium-term trend; a breakout is needed to open upward space.

• Support Levels

1. First support level: 89,235.7 (MA5), the current short-term support for the rebound; losing this level may trigger short-term profit-taking.

2. Second support level: 87,210.5 (recent low), the extreme low point of this round of decline; breaking below will open a new downward space.

Technical Indicator Analysis

• Moving Average System: Short-term MA5 crosses above MA10 and MA20 to form a golden cross, indicating a recovery of short-term bullish momentum, but the price is still below MA100, so medium-term resistance remains.

• MACD Indicator: DIF line is rising towards DEA line, a bullish crossover pattern has appeared at low levels, MACD histogram narrows from negative territory, indicating decreasing downward momentum, and the rebound is a oversold correction.

• RSI Indicator: Value is 50.7, near the strong-weak boundary, reflecting a temporary balance between bulls and bears, with bulls slightly in advantage.

• Volume: The current rebound is accompanied by moderate volume increase, showing some funds entering the market, but no significant volume expansion, indicating cautious market sentiment.

Summary and Trading Suggestions

Currently, BTC/USDT is in a pattern of “short-term oscillation rebound, medium-term moving average resistance.” If the price breaks above 90,000 with volume and stabilizes, it can be considered bullish, targeting 90,531.4; if it retraces and breaks below 89,235.7 (MA5), caution is needed for a second bottom, with key support at 87,210.5.