Looking at this 1-hour chart, it’s indeed sending quite a few signals. I’ve spent some time analyzing BTC’s technicals, combining on-chain data and market news, and I’d like to share some thoughts with everyone.

From the technical indicators, the price is oscillating near the middle band of the Bollinger Bands (around 95212), which is a typical consolidation and accumulation pattern. The upper and lower bands are gradually narrowing, often indicating that a trend reversal is approaching. Although the MACD green bars have shortened, the DIF and DEA remain at relatively high levels, suggesting that the bullish momentum is still building — this can be understood as a period of quiet before a breakout. The moderate increase in volume, along with these signs, suggests that the hourly shakeout phase is nearing its end.

On-chain data is also worth noting. In the past 24 hours, whale addresses have been continuously net inflowing, which usually indicates that large investors are quietly starting to position. Meanwhile, positive policy news is emerging, and the pace of institutional compliance is accelerating, all of which provide support for the market.

Considering these factors, the probability of a short-term rebound toward the upper band (around 95700) or even higher is relatively high. For specific actions, it’s advisable to watch for a confirmed breakout above 95300. Building positions gradually would be more prudent, with stop-loss set below the previous low of 94500 for safety. Remember, markets often start amid skepticism and end during excessive euphoria. Now is a time to take it seriously.