Binance BTCUSDT 12h Trend Prediction

The candlestick chart indicates that BTC has been steadily rising since the recent low point, with no significant short-term pullbacks. The price remains above the MA group, showing an obvious bullish trend, supported by sufficient trading volume. The Bollinger Bands have widened, with the price positioned slightly above the middle band and the upper band, indicating high market activity. A breakout above the upper band or an acceleration in upward movement could occur; even during sideways consolidations or retracements, support levels such as MA20 and S1 at 111850 are adequate. Technical indicators: After the MACD gold cross, the red bars continue to extend. Although RSI and KDJ are in overbought zones, market sentiment indicators (large holdings, buy-sell ratios, etc.) remain upward, suggesting short-term momentum persists. The DMI shows strong dominance with a high ADX, further confirming trend reliability, largely ruling out the possibility of a significant correction, with limited room for short-term retracements. Resistance points R1 at 124545.6 and the Bollinger upper band at 126303 are short-term targets. A volume breakout could push prices higher; otherwise, encountering resistance may lead to minor oscillations without significant declines. Market sentiment: large traders maintain predominantly long positions, with strong willingness to buy. Spot and futures market funding rates are positive, indicating a bullish market; no extreme signals are present in futures indicators. Short-term risks mainly involve overbought conditions leading to corrections. Considering the overall technical and funding landscape, BTC is expected to test highs within the 124,500 to 126,000 range. An effective break above could be used to go long; if under resistance, one can wait for a retracement to add positions. It is recommended to set strict stop-loss levels (e.g., around 120,000 or below MA10), be cautious of chasing highs. Despite this, the overall trend structure remains healthy. Trading with the trend is advised: buy on dips, and monitor for short-term stagnation as supplementary strategy.