Binance BTCUSDT 10m Trend Prediction

BTCUSDT short-term cycle price has sharply declined from above 90,000, currently in a weak correction and oscillating at the bottom. The moving average system is fully suppressed, with dense resistance overhead, and no signs of structural rebound observed. The candlestick chart shows a rapid decline followed by a weak rebound on low volume, with an amplitude of -7.74, indicating that panic selling has not been fully cleared, and multiple attempts to bounce back have failed. The middle band of the Bollinger Bands is compressed downward, with the candlesticks approaching but not breaking through the middle band, suggesting ongoing pressure. Although the MACD histogram shows some recovery, the main trend has not reversed, and the KDJ indicator also indicates persistent bearish momentum. Although the large-holder positions are strong, the active buy-sell ratio and the number of short-term long and short accounts are insufficient; main traders are engaged in a tug of war but have not launched a significant rally. There is a clear intention to short at the highs. The trading volume does not show sustained expansion, indicating a high probability of a weak consolidation phase. The main focus in the next 10 minutes is on testing the lower Bollinger Band (83,839.41) and previous lows. Trading suggestion: Avoid bottom-fishing in the short term; monitor support around 83,800. If trading volume increases, consider low buying; if the price breaks down, the trend correction will continue. Risk warning: During a downtrend, refrain from adding positions counter to the trend until candlesticks show volume-based reversal. Aggressive investors may consider short positions at high levels with strict stop-loss above 84,000.