【BTC 1H Structure Analysis | Oversold Test in a Bearish Trend】
#现货黄金再创新高 Short-term Trend Qualitative: Bearish structure intact, testing key support
BTC maintains a clear and complete bearish trend structure on the 1-hour timeframe. The price is below all major moving averages, with short-term moving averages (MA5/MA10) showing a steep downward trajectory, indicating that short-term downside momentum still dominates. The current price is testing the recent low around $89,200, and whether this level holds or breaks will provide insights into short-term market sentiment.
Key Technical Levels an