Binance BTCUSDT 10m Trend Prediction

Based on the current market conditions, BTCUSDT has recently re-entered the middle to lower band of the Bollinger Bands in the 10-minute cycle, with weak short-term momentum. The Bollinger Band channel is relatively narrowed, indicating decreasing volatility and suggesting that the price is primarily oscillating within a short-term range. The MACD lines are below the zero axis, with the histogram showing slight recovery but without forming a clear trend reversal signal. Both RSI and KDJ are in mid to low ranges, indicating market sentiment is cautious, and neither bulls nor bears have established strong momentum. The long and short positions as well as large traders' holdings are noticeably skewed towards the long side, but the funding rate is negative, revealing increasing costs for long positions and possible trapping of some high-level funds. Overall market sentiment is somewhat bullish, but technical indicators do not support a strong breakout, and the short-term trend remains sideways. Trading volume remains steady without signs of breakout with increased volume. Combined with candlestick movements, the market repeatedly tests support levels below, suggesting it is still digesting and consolidating in the short term. It is expected that in the next 10 minutes, the price will oscillate around 104,600 to 105,600, with the lower support at 104,615 and short-term resistance at 105,600. Breakouts from this range should be confirmed by increased volume or aggregation of technical signals. Operational advice: Prefer to stay on the sidelines, engage in high sell and low buy within the short-term range, and follow the trend once breakout signals appear. Monitor for stop-loss if the 104,600 support is broken and consider taking profits if volume breaks above 105,600.