Binance BTCUSDT 10m Trend Prediction

BTCUSDT within the 10-minute cycle shows an overall upward movement along the moving average system. The Bollinger Bands are converging, indicating a potential breakout to the upside. The current price approachesAbove the middle Bollinger Band but has not yet touched the upper band, leaving room for further upward movement. Although the MACD is temporarily negative, it shows bottom convergence. After completing previous adjustments, there is potential for renewed upward momentum. RSI is not in extreme zones, indicating limited bearish strength and maintaining opportunities for the bulls. The KDJ indicator remains in moderate to high zones, with its three lines showing synchronized slight increases, suggesting continued upward expectation. There are no clear signs of trend weakening; after short-term consolidation, the price may test resistance at R1 (112086). Exchange holdings and capital indicators further support the long-term bullish logic. Large holders hold a dominant position, and the number of accounts is relatively high, indicating mainstream funds are still increasing their positions. From support and resistance perspectives, there is a clear support at the lower range (110648-110600), while resistance is only visible at R1, with the current price still several hundred points below resistance levels. Volatility remains low, implying a low risk of sharp short-term retracement. If accompanied by volume and a breakout, target heights can reach the 111650-112050 range. Operational advice is to follow the upward momentum in the short term. During pullbacks, monitor the MA20 or support levels for stabilization. Place stop-loss orders near the lower support at 110600. Take-profit targets are around 112050. Overall, both technical and capital aspects of BTCUSDT currently favor the upside. It is advisable to take light positions to follow the rise, but attention should be paid to volume changes and potential pullbacks at resistance levels during high-price advances.