Binance BTCUSDT 10m Trend Prediction

The approximately 400 ten-minute K-line charts for BTCUSDT indicate that the overall center of gravity has shifted downward. After a continuous weakening in price, a volume-expanded decline occurred. Although there was a rebound afterward, its sustainability was limited, and the overall situation remains in a rebound under resistance phase. The Bollinger Bands’ middle and lower bands are oscillating and converging, indicating a lack of clear directional momentum for short-term breakthroughs. Currently, the price is still fluctuating near the middle band, with limited rebound height. Multiple moving averages (MA5/10/50) sorting shows continued short-term pressure. The current price has broken below the short-term moving averages and is approaching the previous low support level, suggesting significant difficulty in bullish attempts in the short term, with risks of further decline. The RSI across multiple timeframes shows uneven distribution and remains relatively weak overall. It has not entered oversold territory but lacks enough momentum for a strong rebound. Short-term indicators have yet to show a reversal point. The KDJ indicator’s J line has fallen significantly below the K/D lines, showing signs of turning downward. There is still a short-term need for further decline. Although the MACD shows signs of a golden cross (DIF crossing above DEA), it remains below the zero axis overall. Short-term rebound energy is limited, and after oscillation, the primary trend remains downward. Market breadth data indicate that large traders hold a predominantly bullish position, but the lack of active buying suggests that although funds are present, following retail investors have not committed, casting doubt on the sustainability of ongoing price advances. Support and resistance levels suggest S1 at 110484. If this level is broken downward, further downward pressure remains. R1 and R2 are significantly above the current price, making a sharp rebound unlikely in the near term. Based on candlestick patterns and technical signals, it is expected that there will be a continued short-term correction over the next 10 minutes, with a target range of 110,500 to 111,200. Cautious operation is advised, with stop-loss set below 110,484; if this level is breached, a short-term acceleration of decline should be guarded against.