Binance BTCUSDT 10m Trend Prediction

From the candlestick chart, it can be observed that BTCUSDT, after experiencing a significant decline earlier, is currently in a weak rebound phase. The price has sharply fallen from a high near 89,000 to around 85,000 and is now around 85,800 undergoing a technical correction. Comprehensive technical indicator analysis indicates that the bears still dominate. Although the MACD shows signs of a bullish crossover, it remains below the zero line, indicating limited rebound strength. The DMI indicator shows DI- significantly stronger than DI+, and the ADX value is high, implying that the downward trend remains robust. Bollinger Bands analysis reveals that the current price is near the upper-middle band. Considering the characteristic of a technical rebound following a sharp decline, it is likely that after touching resistance at the upper band, the price will fall back toward the middle-lower band area. Funding flow data shows a 24-hour amplitude of -4.3%, indicating a generally bearish market. Although the large traders’ long-short position ratio is 2.2329, suggesting a bias towards long positions, this may represent bottom-fishing funds, and attention should be paid to whether an effective support can be established. From trading volume analysis, during the current rebound, transaction volume has not significantly increased, indicating insufficient buying pressure and a lack of sustained upward momentum. The active buy-sell ratio of 1.4821, although biased towards buying, shows limited strength. Support and resistance level analysis indicates that the current price is close to the S1 support level at 85,489.7; if this level is broken, the next key support S2 at 85,073 will be crucial. Resistance above is quite dense, implying limited room for further rebound. Short-term trading advice: do not chase long positions at the current level; it is recommended to wait for the price to pull back to the 85,200-85,300 region to look for short-selling opportunities. Set stop-loss near 85,950 and target around the S2 support at 85,073. Risk warning: if the price manages to break through and stabilize above 86,000 with volume, a reassessment of the trend is necessary. However, given the current technical indicator settings, further downward movement is likely. Investors should control their positions and risk exposure.