Binance BTCUSDT 10m Trend Prediction

BTCUSDT is currently in a clear downward trend, with Bollinger Bands indicating prices are close to the lower band, exhibiting a negative amplitude; short-term long positions entail significant risk. All RSI levels on the short-term chart are in oversold territory, suggesting some rebound demand in theory, but volume and bullish structure have not shown effective improvement, so a weak structure is expected to persist. MACD remains below the zero line, showing signs of deceleration but with weak rebound conditions; KDJ also resides at weak, low levels, with no reversal signals in momentum direction. DMI indicates bears dominate, and the ADX shows a strong trend, confirming that the current market is driven primarily by a downtrend, with the decline likely to continue inertia-wise. Trading volume has increased sharply alongside price declines, clearly indicating active sell-offs by major players; the active buying and selling ratio is relatively high, exacerbating short-term downside risks. The moving average system shows a typical bearish alignment, with limited fundamental support; the support zone has not yet exhibited effective stabilization, and resistance to rebounds at high levels remains substantial. Overall assessment suggests the next 10-minute cycle is likely to continue a weak, oscillating downward pattern. Caution is advised; refrain from bottom-fishing temporarily to prevent inertia-driven declines. Short-term target support zones are between 120,500 and 121,100. If these levels are breached, there is a risk of further downward movement. Position control and strict risk management are recommended.