On the 1-hour line, we have seen familiar accumulation signals.

Recently, I noticed some interesting details while watching the market. The price has been fluctuating back and forth within the EMA dense area and the middle band of the Bollinger Bands, with both bulls and bears tightly locked at key positions—this state of being suppressed often indicates that the market is brewing for a big move.

There are three technical points worth noting:

The MACD appears calm near the zero axis, but in fact, there have already been two golden crosses below the fast and slow lines, and the bearish downtrend momentum bars are clearly shrinking, indicating a decline in the sustainability of the bears; the 4-hour MA30 has formed a resonance support with the current price, and buy orders on the trading board are gradually accumulating; the Bollinger Bands have tightened to the closest degree in recent times, and based on historical performance, this kind of pressure release usually results in a one-sided movement of more than 3%.

The amount of information from on-chain data is greater. The exchange's BTC balance has net outflows exceeding 12,000 coins for three consecutive days, and large holders are quietly taking action; there are 8 new addresses holding more than 1,000 coins this week, indicating that smart money is accumulating at this position; the perpetual contract funding rate has returned to a neutral position, and the liquidation pressure has shifted to the upper resistance zone. Once it breaks, it is easier to trigger a chain reaction.

Macroeconomic variables are also changing. The statements from Federal Reserve officials today could become a turning point. If the tone is relatively dovish, combined with the large accumulation of call options at the $72,000 strike price in the options market, the major players have sufficient reasons to push upward.

My judgment: The current fluctuation is a typical accumulation pattern. You can gradually open long positions in the range of the 1-hour EMA7 and the lower Bollinger Band, setting the stop-loss about 300 points below the previous low. The first target is the resistance zone of the previous high; if it can break through, it will accelerate towards the area of $71,000 to $73,000. The overall market sentiment is slowly shifting from extreme pessimism to initial greed; don't wait until the whole world is shouting for a rise before you get on board — real opportunities always belong to those who dare to take decisive action in silence.