Binance BTCUSDT 10m Trend Prediction

BTCUSDT has been active in trading within the recent 10-minute cycle, with both turnover and volume remaining high, indicating a strong bullish sentiment among main traders. The support zone is solid, and the price has not fallen below significant support levels, demonstrating buyer dominance over the market. The MACD indicator is showing signs of upward reversal, with a golden cross imminent, suggesting a short-term technical bias toward upward movement. Although the Bollinger Bands have not experienced a major breakout, after converging, there is potential for further upward extension. The KDJ indicator's J line is soaring, implying a risk of short-term price run-up, but combined with institutional bullish sentiment, the probability of price increasing is high. The RSI6 remains relatively overbought, yet the 14 and 24 RSI levels are lower, indicating a short-term recovery potential; this reflects a market sentiment that is heated but not yet at extreme overbought levels. Large institutional holdings and the long-short ratio in accounts are extremely high, indicating dominant bullish control by major players and a clear rise in market power. The active buy/sell ratio also remains elevated, coupled with subdued funding rates, suggesting strong investor bullish appetite. Resistance is seen in the range of 91,252 to 91,770. With main traders pushing, there is a chance for a short-term breakout, but if upward movement is hindered, a short-term pullback to test support in the 90,530 to 90,642 range is possible. Overall, the analysis suggests a high probability of bullish dominance over the next 10 minutes, with price potentially surging into the 91,250 to 91,600 range. Short-term trading strategies include buying on dips, holding if a strong breakout occurs, and exercising caution if resistance is tested without a breakthrough. Risk warning: Extreme increase in short-term trading volume accompanied by bullish dominance indicates a risk of profit-taking at high levels leading to a pullback. A stop-loss near 90,530 is recommended, with take-profit points set above 91,600. In case of rapid gains followed by sharp declines, observe the support zones below for potential rebounds; it is not advisable to chase long positions at high levels. Employ phased entries to reduce risk. Prioritize capital safety, attempt light positions, and strictly enforce stop-loss measures.