Binance BTCUSDT 10m Trend Prediction

Based on the 400 ten-minute candlestick charts, BTCUSDT recently retreated from high levels, with the overall candlestick structure showing a weak consolidation pattern and no clear signs of rebound. The middle and lower bands of Bollinger Bands are converging, and the price is constrained by the middle band, continuously operating in the lower half of the Bollinger Bands, indicating a predominantly bearish volatility range. MACD histogram is enlarging, with dif and dea moving in resonance downward, signaling that short-term bearish momentum dominates the market, and a rebound correction has yet to occur. Although the long-short position ratio and the structure of large account holders are skewed towards the long side, the overall active buy-sell ratio is only 0.77, indicating that funds are not actively following long positions, and market sentiment remains cautious. RSI at 6 is severely oversold, suggesting a potential rebound, but combined with a bearish MACD crossover and KDJ within a range, the probability of further short-term decline remains high until stabilization is confirmed. Support level S1 (109711) is near the lower Bollinger Band. If broken, the next support S2 (109219) or even lower levels may be tested, leaving approximately 400-500 points of downside space. Volatility measured by ATR is rising, reflecting the potential for high short-term volatility, and warning of risks from sharp declines and false breakouts. Cautious trading is advised: consider gradually taking profits on short positions below 109700, with stop-loss levels set at 109943 (middle Bollinger Band) or around 110000. Summary: The overall market is dominated by bears. If support at S1 is broken in the short term, downward acceleration is expected. It is not advisable to attempt counter-trend rebounds at this point. For short positions held, profits can be gradually realized as appropriate.