1.4 Morning BTC Market Quick Review

Bitcoin rapidly surged from 89,261 to 91,586 within 1 hour, with consecutive strong bullish candles pushing the price higher, resulting in a short-term increase of over 2.6%. This movement is not a "slow bull advance," but rather an accelerated rally driven by synchronized sentiment and capital pressure. The bullish momentum has been significantly overextended in a short period.

From a technical perspective, the 1H timeframe has clearly entered overbought territory. The current price's deviation from MA7 and MA30 is rapidly widening, and the price is far from short-term moving averages. Based on past market experience, such a state rarely continues to rise directly; more likely, it will first undergo a correction or retracement to restore the moving averages.

Next, it is crucial to observe trading volume. If the volume does not continue to increase during this late-stage rally, it could easily form a divergence of rising price and decreasing volume, which is a sign of bullish exhaustion. This would mean the conditions for a bearish entry are gradually maturing.

BTC Trading Strategy
Rebound to 91,500 – 92,500 range to establish short positions
Initial target at 90,400, with a strong pullback to around 88,500
This is a typical "wait for a retracement after a sharp rise to establish shorts" approach—no chasing, no rushing, just waiting for the price to come to you.

The "Yitai" pattern is synchronized with Bitcoin's strength but also shows signs of overextension.
Rebound to 3,180 – 3,250 range for potential short entries
First target at 3,080, with an extension down to around 2,900