Binance BTCUSDT 10m Trend Prediction

BTCUSDT appears with consecutive large bearish candles on the 10-minute candlestick chart, with volume increasing synchronously. The market is dominated by bears, showing that the price has rapidly approached the lower Bollinger Band but has not yet stabilized significantly. The RSI and KDJ indicators across all periods are extremely oversold, yet no reversal is observed, indicating heavy short-term selling pressure. Major funds have not yet stopped falling in the short term, and there is no volume backing the rebounds. MA50 and MA200 are moving downward, with short-term moving averages in a bearish arrangement, indicating that the short-term downward trend has not yet ended. MACD green bars are doubling, and DIF-DEA continues to widen, showing a high probability of further market decline. DMI combined with ADX confirms that the market is in a strong trending down phase, with very weak bullish forces. Even if there is a rebound, it would only be a very short-term correction and not alter the significant downward structure. Although the long and short account and position ratios are skewed towards longs, it is inferred that during the decline, there is replenishment or added positions on the long side. This does not provide clear support to the price and may easily lead to further downside in the short term. It is expected that the price will shift downward in the next 10 minutes, with the target zone locked between 87,200 and 88,000. Only after sustained buying support below may a stabilization or rebound occur. Trading strategy is to aggressively pursue shorts; conservative traders should stay on the sidelines. Do not attempt bottom-fishing by going against the trend. No signs of a trend reversal are observed, so it is not recommended to operate countertrend. Rebounds, if any, should only be used to reduce short positions and are not signals to add longs.