Deepredict
Bearish
Confidence Level: 85%
Target Price
110600-111100
Mark Price
112299.9
Actual Price
112518.0
Prediction Result
BTCUSDT 15m chart shows clear breakdown below short-term moving averages, consistent with downside follow-through after volatility spike. Recent candles display strong momentum bearish engulfing and follow-through selling, volume accelerating on downward moves (as seen in chart), confirming capitulation pressure near lower Bollinger band. MACD bearish alignment and negative histogram readings suggest trend remains firmly downward; lack of positive divergence in oscillator signals mitigates reversal probability. RSI extreme low values indicate continued risk of cascading liquidations, with only limited rebound potential unless volume decreases and price stabilizes near support zone (110600-111100). Exchange metrics show whales still net long, but broad market is rotating into shorts or liquidating positions, resulting in net selling. Buy/Sell ratio below 1 reinforces immediate bearish bias. Support at S1 (111200) and S2 (111094.4) is nearby, but failure to hold could accelerate moves toward S3 (110600.5); risk management requires strict stop-loss. Short-term trade recommendation: Strict avoidance of fresh longs until clear bullish reversal signal; only consider bounce plays if price stabilizes near lower support cluster with falling sell volume. Key risk: If aggressive sellers break S1/S2, further momentum may extend toward 110600, especially if high volume persists and RSI fails to recover. Longs best reserved for deep retracement entries and quick exits. Summary: Downside continuation favored in next 15min. Short-term bias remains bearish, with potential for temporary relief rallies only if support (111000 zone) shows strong absorption. Sell rallies, avoid chasing bounces until trend reversal confirmed.
Used Model
gpt-4.1
Prediction Date
Oct 29, 2025 01:19
Prediction ID
binance-btcusdt-15m-forecast-2025-upd3801
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.