Binance BTCUSDT 1d Trend Prediction

The daily-level trend persists, with BTCUSDT price continuously operating above the major moving averages, and the short-term moving averages maintain an upward slope, indicating a clear strong bullish market structure. The Bollinger Bands have ample space between the upper and lower bands, with the %B around 0.8, not yet reaching extreme regions, leaving potential upside room. The MACD shows a leading upward wave with no obvious divergence signals. The RSI across multiple timeframes demonstrates strong momentum but has not entered the 90 extreme zone, suggesting the likelihood of continued inertia-driven gains. Attention should be paid to profit-taking on short-term retracements, but the primary trend remains unchanged. The DMI indicators (DMI+), along with ADX, indicate a robust single-directional market, with a bullish outlook. Although KDJ is high, no significant death cross has appeared, so the bullish trend remains intact. Market depth shows large accounts holding positions far above 1, while the longs and shorts ratio among retail accounts is slightly below, indicating institutional dominance maintains a bullish bias, whereas retail interest in chasing highs remains cautious. Price volatility and volume fluctuations are moderate. Trading activity is active but without panic selling, reflecting overall positive capital flow. Resistance levels to watch are R1 at 124,545.6 and the Bollinger upper band at 126,215.44. Short-term support is near the 10-period MA and R1, suggesting manageable corrections. Overall, within the next day, there is a high probability for BTCUSDT to challenge the 124,000 to 126,000 range. If trading volume remains strong, a breakout to new highs cannot be ruled out. Trading strategy-wise, it is advisable to follow the upward trend, but attention should be paid to high-level volatility and potential pullbacks, implementing prudent partial profit-taking and stop-loss measures.