Binance BTCUSDT 10m Trend Prediction

On the BTCUSDT short-term candlestick chart, the price has declined from a high point, consistently weak relative to the MA20, MA50, and other mid-to-long-term moving averages. The overall trend has shifted from upward momentum to a correction. Currently, the lower band of the Bollinger Bands has not been touched, with a percent_b of only 0.378, indicating room for further downside movement. The MACD remains in a negative state after the death cross, implying persistent weakness. Although the short-term RSI6 is high, mainly due to an earlier rebound, the overall RSI12 and RSI14 remain in the weak zone, reducing bullish confidence. The J value of the KDJ indicator is exceptionally high, possibly indicating short-term rebound strength, but the divergence between K and D is excessive. Coupled with the current market's buy-sell ratio and bullishness metrics being moderate to slightly bullish without extremes, this suggests insufficient buying force for a rally. The DMI indicates a strong bearish trend, with ADX > 25, clearly reflecting robust downside momentum. When combined with increased volume and volatile price movements, it confirms a strong downward phase. No effective support levels (such as S1, S2, S3) are present below; the absence of significant资金托底 means the price could tested lower Bollinger Band supports or regions below 95,000 again. In the next 10 minutes, an inertial downward trend is expected. Short-term focus should be on the previous low area around 94,400 and the crossover point of MA5 and MA10 as primary support levels. A short-selling strategy can be attempted with a stop-loss set above 95,050, targeting around 94,400. If volume expands, further decline towards 94,350 may occur. Trading should prioritize quick entry and exit, avoiding chasing shorts or holding overly large positions. Monitoring for signs of stabilization or a halt within the 94,400-94,600 range is essential; otherwise, the downward risk persists.