Binance BTCUSDT 10m Trend Prediction

The candlestick chart shows a rise followed by a recent prolonged high-level consolidation before a decline, with no significant increase in trading volume, reflecting continuous selling pressure but no signs of rapid reversal. Currently, all multi-cycle moving averages are above the current price (MA5 at 95996.4, MA10, 20, 50, 200 all above 96000), with an apparent death cross in the short-term moving averages, which is unfavorable for a rebound. The MACD is increasingly negative, indicating bearish momentum, no bullish hidden divergence has appeared, and the probability of short-term further decline remains high. The RSI across multiple timeframes is in oversold territory, so a slight rebound may occur in subsequent waves, but the current bearish advantage is clear. Although large traders’ long and short positions are somewhat skewed towards long, the number of accounts and active buy-sell ratios are only slightly higher, failing to produce a significant upward boosting effect, implying large capital is holding positions but active buying interest is insufficient. The lower band of the Bollinger Bands is approaching; if it breaks below S1 (95733), the target could fall to 95550 or even lower (S2 zone). A breakdown of support will accelerate the release of bearish momentum, so the short-term trading strategy should focus on following short positions. Overall judgment indicates that within the next 10 minutes, BTCUSDT is highly likely to continue downward, with attention to support levels S1 and S2. Only if trading volume increases and indicators rapidly recover should a rebound be considered; otherwise, it is advisable to wait or follow the trend by taking short positions, with strict stop-losses at the Bollinger Band lower boundary or S3 support zone.