Binance BTCUSDT 10m Trend Prediction

The current price of BTCUSDT is near the lower Bollinger Band, indicating strong downward pressure. Although the asset is clearly oversold, no effective reversal signals have emerged in the technical analysis. The short-term MACD and KDJ indicators are declining in tandem, displaying a bearish trend, with an expectation that the price will continue to test the support zone. The RSI across multiple timeframes is at severely low levels, entering the oversold area, but observation is needed to see if buying interest can be effectively sustained. The active buy-sell ratio remains predominantly bearish, suggesting weak short-term market sentiment. The support level S1 is around 91,038.9; technical indicators suggest possible consolidation and bottoming within this range but have not yet confirmed stabilization. If trading volume recovers, a rebound at the support level is possible. Large institutional long positions are evident, but no upward offensive has been formed, and currently, there is no clear reversal of the bearish trend. The ratio of open long to short accounts and position ratio are both high, indicating short-term oscillation at low levels below, and close monitoring of support zone performance is recommended. Overall, the 10-minute candles show a weak correction trend. Short-term observation is advised. Aggressive traders may consider low-buying within the 91,050-91,550 range with a stop-loss below 91,100, focusing on resistance levels at MA10 and MA20 for potential rebounds. Risk reminder: Although bullish data appears positive, current technical indicators are predominantly bearish. If support is broken, the price could accelerate downward. The strategy should prioritize defense, with strict position control, and avoid blind bottom-fishing.