Binance BTCUSDT 10m Trend Prediction

The current BTCUSDT is near the lower band of the Bollinger Bands, with the bands converging, indicating that recent price decline continues and lacks reversal momentum. The short-term moving averages are aligned in a bearish structure, with MA5 and MA10 below MA20, and the distance between MA50 and MA200 is large, suggesting the medium-term downtrend has not reversed. Although the MACD shows a slight bullish crossover, it remains in negative territory, indicating insufficient rebound momentum and that the short-term bearish trend dominates. The RSI values are all within the weak zone of 30-42, reflecting market oversold conditions with no clear signs of short-term reversal. The KDJ indicator is oscillating at low levels, with the J line at an extremely low value, not signaling a rebound, but instead indicating that inertia-driven declines may continue. Major accounts' long-short positions are relatively balanced, implying that some large traders have not exited long positions, but the active buy-sell ratio and the number of long and short accounts are insufficient to support a short-term rally, showing overall market sentiment is bearish. The price has approached the first support level at 94,643. If broken below, it could continue downward to the 94,600 region. Short-term strategy suggests short positions targeting the interval of 95,000 to 95,250. Volume has gradually decreased during the decline, indicating that the downward movement is not driven by panic selling, but rebound momentum remains weak. Risk warning: If a rapid drop occurs to the support zone, focus on the level of 94,600 below, with stop-loss set below 94,500. Should the price stabilize quickly afterward, consider short-term long strategies; current market remains predominantly bearish.