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The trend in the H1 time frame (1 hour)
The fluctuation range in the past hour:
The highest level reached approximately 117,596 USD
The lowest level is about 115,643 USD
This is a quite large fluctuation range in one hour, indicating strong volatility, but it is not clear whether the trend is distinctly upward or downward.
Real-time price movements:
The current price is 116,556 USD, a slight increase of about +0.79% compared to the previous closing price.
Overview analysis:
There are no clear breakout signals — despite strong fluctuations, it has not broken through any notable resistance or support levels.
Unclear trend of increase/decrease — need to monitor more hourly candles to determine the expanding supply-demand zone.
The market is very likely in a sideways/thin phase between the range of 115k–117k USD.
Action suggestions if you are following the H1 timeframe:
Continuously monitor the new 1-hour candles to see clear signs of breakout or reversal.
Combine with technical analysis: add indicators such as RSI, MACD, or Bollinger Bands to confirm momentum or overbought/oversold areas.
Consider a larger timeframe than (H4, D1) to identify the main trend and avoid noise signals from short-term fluctuations.