Deepredict
Bearish
Confidence Level: 75%
Target Price
117822-118109
Mark Price
118315.6
Actual Price
118297.39
Prediction Result
Analyzing Bollinger Bands and MACD indicators, the current BTCUSDT price shows a potential continuation of the downward trend, especially as the current position does not exhibit any clear signs of support. The combined reflection of indicators such as MACD and KDJ suggests the possibility of short-term selling pressure, and the low RSI indicates market sentiment remains predominantly bearish. Although large holders' positions are relatively long, this does not necessarily create a support effect because the overall long-short ratio of accounts reflects that investors remain cautious. Currently, there has been no significant increase in trading volume, and market activity is insufficient to reverse the current short-term trend. Considering the limited current volatility and the lack of strong technical support for a rapid rebound to the key support zone, it is expected that a short-term rebound to around 117,822 (near S1) may reverse. Traders should monitor trading activity within support and resistance zones; if S1 falls below 117,822, a short-term bearish strategy can be maintained, and positions should be adjusted upon confirmation of support levels. It is recommended that traders stay flexible; if the price enters a downtrend and breaks support, they should respond quickly with stop-loss strategies.
Used Model
gpt-4o
Prediction Date
Jul 31, 2025 06:00
Prediction ID
binance-btcusdt-15m-forecast-2025-upd1974
Disclaimer: This prediction is for reference only and does not constitute investment advice. The cryptocurrency market is high-risk; invest with caution. Past prediction results do not guarantee future performance.