Binance BTCUSDT 10m Trend Prediction

Based on recent candlestick chart and technical indicators, the BTCUSDT price has experienced a short-term rebound followed by a decline, currently near the lower Bollinger Band, indicating a markedly weak market sentiment. Although there are signs of bullishness in capital flows and account metrics, the lack of active buying, combined with a near 1:1 ratio of bullish to bearish accounts, suggests a market equilibrium with indecisiveness among bulls and bears, making a strong rebound unlikely. The DMI and ADX indicators show a significant bearish trend, with a high probability of continued short-term oscillation and downward movement. Trading volume has not shown significant increase; under the current weak market conditions, there is limited room for capital-driven upward movement. Given the clear resistance above and the support at the lower Bollinger Band awaiting validation, the price may test the S1 support level at 95,733 within the next 10 minutes. If broken, further decline toward the 95,300–95,500 range is expected, with particular attention on the 95,300 support level. It is currently not advisable to aggressively enter long positions. It is better to wait until the price reaches the lower region of the range and shows clear reversal signals before considering long entries, as the risk for longs outweighs the potential reward. For existing short positions, consider taking profits or reducing positions around the 95,300–95,500 range.