Binance BTCUSDT 10m Trend Prediction

Comprehensive technical indicators analysis indicates that BTCUSDT is currently in a clear downtrend. From the candlestick chart, it can be observed that the price has sharply declined from a high near 93,000 to the current level of 86,065, representing a decline of approximately 7.5%. All key technical indicators show bearish dominance. The RSI indicator is near 30 in the oversold region, but no obvious divergence or rebound signals have appeared yet. The MACD indicator remains in negative territory with large values, indicating that downward momentum is still strong. Regarding Bollinger Bands, the current price is very close to the lower band, with the %B value only 0.08, suggesting that the price is in a deeply oversold condition. However, in a strong downtrend, the price may break below the lower band and continue to decline. The DMI directional indicator indicates a very clear downward trend, with DI- at 33.49 significantly exceeding DI+ at 10.04, and the ADX at 32.24 demonstrating a high trend strength, making reversal unlikely in the short term. The moving average system shows a bearish alignment, with the price having broken below multiple short-term moving averages, with MA5 (86,240), MA10 (86,419), and MA20 (86,752) all acting as resistance above the current price. Based on exchange data, the active buy-sell ratio of 0.8121 indicates substantial selling pressure. Although large holders' long-short positions ratio of 2.61 suggests a bullish bias among major traders, it may represent bottom-fishing funds; close observation is needed to see if effective support can be formed. Technical support levels primarily focus on the S1 support at approximately 86,066.6, which closely coincides with the current price. If this level is broken, the next support zone is between 85,200 and 85,800. Considering the current oversold state and proximity to key support, the price is expected to continue downward in the short term towards the 85,200–85,800 range to seek support. Investors should operate cautiously, waiting for oversold rebounds or further confirmation of support validity.