Binance BTCUSDT 12h Trend Prediction

BTCUSDT has transitioned into a sideways corrective phase after significant distribution and selling from highs near $120,000. Candle structure shows lower highs and consistently supported lows. Bollinger Bands are relatively tight and price oscillates between middle and lower bands, characteristic of reduced volatility and consolidation. MACD signals loss of short-term momentum with negative histogram, but absence of strong death cross means no breakdown is imminent. RSI and Stochastic indicators in neutral territory reflect indecisive market; overbought/oversold zones are not activated, limiting probability of sharp moves. Exchange metrics (high top accounts long ratio) reveal that professional/whale traders remain bullish, but retail sentiment and general volume do not confirm aggressive move. Major support at $87,900-$88,600 and resistance near $93,900-$94,000 (Bollinger upper band & weak R-levels) support trading inside a well-defined channel. Risk approach: New long entries only if price rebounds from $88,600 light support; stop-loss below $88,600 limit. Short positions discouraged unless breakdown confirmed with spike in volume/volatility. For active traders: Prioritize capital preservation; avoid chasing moves until Bollinger Band width expands and MACD confirms momentum. Wait for confirmation of range break for directional trades.