Binance BTCUSDT 15m Trend Prediction

BTCUSDT on the 15-minute cyclic chart, the price has been continuously rising and has broken through multiple moving averages, with MA5>MA10>MA20>MA50>MA200 alignment, forming a bullish divergence and a strong technical pattern. Bollinger Bands indicator shows the price near the upper band but not touching it, combined with bandwidth contraction, pushing upward but with limited oscillation amplitude, suggesting short-term potential to continue testing the 112000 region. MACD has a golden cross with momentum accelerating and no top divergence, complemented by a strong ADX and DMI+ indicating a clear short-term trend, with sustained accumulation by major funds. Although the RSI is above 70 and approaching overbought levels, active buy orders and capital flows remain predominantly bullish, with no evident market weakening, implying a high probability of a short-term breakout above 112000. The proportion of large holder positions and account numbers far exceeds 1, indicating that current dominant funds continue to inject bullish momentum, making short-term short-squeeze formations unlikely. Comprehensive analysis of candlesticks and volume shows the price rising along the moving average, with no retracement below it, and stable increasing trading volume supporting steady upward movement. Support and resistance observation: if a quick breakout occurs above R3 (111974), there is a chance to test resistance at R2 (112086) and possibly push towards 113000. Therefore, the estimated target range is 111800-112100. If resistance is encountered during the upward push, a consolidation and pullback might occur, but within 15 minutes, the bullish dominance is expected to continue. Risk warning: As RSI approaches overbought in the high region, caution is advised when chasing gains in the short term, with stop-losses properly set. Monitoring volume and capital flow changes is necessary; if large sudden sell orders or volume contraction occur, consider reducing positions.