#密码资产动态追踪 Bitcoin 1-Hour Chart: The Hidden Battle Between Bulls and Bears——Bottom Divergence Signals Quietly Taking Shape

After years of trading, I've witnessed this scenario countless times: Bollinger Bands contracting, MACD clinging below the zero axis, everything looks deceptively calm, but this is precisely the silent period before price makes its big move.

Let me break down the current situation from three angles:

**On the technical side**, price is being suppressed by the BOLL middle band consistently, with volume expanding on downswings and shrinking on rebounds——a classic weak pattern. But here's a crucial detail: MACD histogram is showing early signs of a bottom divergence. Price is making new lows, yet momentum isn't following suit——this divergence is essentially saying "selling pressure is running out." Once energy accumulates to critical levels, the bulls' counterattack fuse could ignite any moment.

**On-chain data is flashing even more interesting signals**. Over the past day, there's been a net inflow of 32,000 BTC to exchanges, suggesting plenty of exits. But simultaneously, whale addresses are quietly accumulating in batches. This contrast——retail panic selling while smart money silently absorbs the supply——is often the very hallmark of a short-term bottom forming.

**On the macro level**, the Fed's latest meeting minutes hint at "not ruling out rate cuts," a mixed signal, while Bitcoin ETF holdings are paradoxically increasing, indicating the expectation of credit tightening is easing. For crypto assets, this is a rare window to breathe.

Here's my assessment: market sentiment has crashed into excessive panic territory, but real money has already been quietly positioning itself. If price can consolidate horizontally in the current range for 4 to 6 hours, completing bottom formation, once it breaks above Bollinger's middle band with MACD golden cross confirmation on volume, the short-term rebound target should aim for 92500 resistance. Conversely, if volume breaks below, immediate stop-loss is essential.

Trading ultimately comes down to planning versus execution, not directional gambling. I'm already placing orders in tranches to verify. Remember this: great rallies are born from despair and hesitation.

$BTC