Binance BTCUSDT 10m Trend Prediction

BTCUSDT experienced an extreme decline within the past 10-minute period; candlestick charts show a significant drop with increased trading volume, indicating pronounced short-selling pressure. Technical indicators collectively resonate; the lower Bollinger Band has been touched, most moving average systems exhibit a bearish alignment, signaling that the price has lost short- and medium-term support and entered an inertial downward phase. MACD, RSI, and KDJ, the three major momentum indicators, are all in extreme bearish/oversold zones, yet no bottom reversal signals have appeared. The downward momentum is far from exhausted, and bounce potential in the short cycle remains limited. The high ratio of large traders' long positions and account counts suggests substantial funds are deeply trapped, exacerbating selling pressure. Market bullish sentiment has been suppressed by emotional factors, with short-selling forces dominating the short-term trend. 24-hour trading volume and turnover are both increasing simultaneously with significant price declines, indicating that panic selling has not yet fully released; further downside momentum is anticipated. Volatility indicator (ATR 359.40) and high ADX (65.34) further confirm a strong bullish trend reversal, with no signs of bottoming in the short term. All support and resistance points are above the current price, with no obvious support below. The market exhibits a one-sided bearish trend. The 10-minute target range is still expected to oscillate downward between 86,000 and 87,200. If panic continues, rapid break below cannot be excluded. In summary, the upcoming 10 minutes are likely to reflect inertial decline. Short-term bottom fishing is not advised. Trading strategies should focus on observing or shorting on rallies, avoiding contrarian long positions. Risk management remains a priority.