Deepredict
Bullish
Confidence Level: 82%
Target Price
110700-111300
Mark Price
110388.3
Actual Price
110073.03
Prediction Result
The current set of multiple technical indicators for BTCUSDT collectively point to a short-term strong upward trend. The MACD shows a golden cross with divergence and continues to widen, indicating sustained capital inflow driving the price. The candlestick structure demonstrates a rebound from a previous low point, with continued volume expansion and high-level oscillation. No clear top formation has been observed, leaving room for further extension. Buying willingness and initiative are very strong, suggesting a high probability of inertial rally. The Bollinger Bands are expanding; the candlesticks have repeatedly approached the upper band without significant pullback, indicating that the upward trend is likely to continue into new high territory. The resistance level R3 is at 112472.5, and the short-term target space is expected to further rise. Although the short-term RSI indicator is overbought, implying a need for a correction in theory, currently market liquidity is good and sentiment is extremely bullish. The correction space is limited. Attention should be paid to abnormal capital movements and short-term momentum decay. If the price rapidly breaks through 111000, consider targeting an advance to 111300. In the event of a pullback after a spike, a healthy retracement is indicated by short-term support between 109700 and 110100. Trading suggestion: There is no need to go against the trend to short in the current strong bullish state. If rapid advance encounters resistance, consider reducing positions to lock in profits. If volume surges but price fails to break higher, choose opportunities to sell at high and buy low, with strict stop-loss below 109700. Risk warning: After a continuous large bullish rally, if volume expands but price stagnates, a partial correction may commence. However, the overall pattern remains bullish, and the correction can be viewed as a good opportunity for strategic positioning.
Used Model
gpt-4.1
Prediction Date
Aug 26, 2025 12:53
Prediction ID
binance-btcusdt-10m-forecast-2025-upd2962
Disclaimer: This prediction is for reference only and does not constitute investment advice. The cryptocurrency market is high-risk; invest with caution. Past prediction results do not guarantee future performance.