Binance BTCUSDT 10m Trend Prediction

Comprehensive technical indicators show that BTCUSDT has experienced a significant brief-term decline with increased volume in a short cycle, and multiple momentum indicators are simultaneously weakening. The MACD bearish bars are expanding, reflecting that the cyclical bearish trend is still deepening. The RSI across 6/12/14/24 periods remains near 35 with no signs of upward movement, indicating that the short-term is not yet clearly oversold, and the risk of continued downward inertia is high. KDJ lines are oscillating at low levels, and after a weak rebound, J continues to decline, not supporting an effective rebound for now. The moving average system exhibits a bearish alignment, with prices continuously trading between the middle and lower bands of the Bollinger bands, indicating limited short-term rebound momentum and susceptibility to selling pressure. Large institutional long positions are predominant, suggesting some funds are attempting to hold or buy, but the active buy-sell ratio is below 1 and the current price is falling, indicating buy-side momentum is weaker than sell-side, making it difficult to resist the short-term bearish trend. Support and resistance levels show multiple resistance points above (R1: 97155), with no clear support levels below, indicating the market has entered an inertia phase searching for a bottom. It is recommended to set appropriate stop-losses. Volatility has increased, with ATR and ADX rising simultaneously, suggesting the potential for a sustained trend continuation to the downside, and once breached, the price could quickly reach lower target zones. In summary, it is highly probable that the 10-minute short-term will continue to decline, with downside pressures in the 93800-94400 range. If stabilization or V-shaped rebounds occur, observers can wait for signals of trend reversal, but no contrarian positions should be taken before the trend changes. Trading suggestion: Currently, it is not advisable to bottom fish. Consider waiting for a formation of a lower shadow and multi-cycle divergence before making adjustments. Maintain strict position controls, prioritizing defensive strategies.