Binance BTCUSDT 1d Trend Prediction

BTCUSDT has continued to rise after recent oscillations, with the current price approaching above the MA5 and MA10; moving averages are strongly aligned, indicating that the upward trend remains intact. The Bollinger Bands show that the price is operating at mid-to-high levels, with a bandwidth of 0.1753 indicating a relatively wide range; short-term fluctuations have not reached extremes, suggesting further potential for upward expansion. The bullish crossover of MACD provides strong upward momentum, with the positive MACD values higher than previous cycles, indicating that the primary upward phase is still ongoing. The RSI series indicators show some overbought signals, but multi-cycle readings are not yet extreme; combined with long positions held by major traders, there is a high probability of short-term upward movement. Caution is advised regarding high-level volatility and pullback risks, but the trend remains unreversed. Trading volume is neutral with slight increases; no significant abnormalities are observed, and market sentiment remains moderately bullish. Active buy orders slightly dominate, indicating short-term capital is inclined to chase gains. Large traders’ holdings and the long-short ratio indicator are extremely bullish, confirming that upward momentum is primarily driven by major funds, likely challenging the R1 and the upper band of Bollinger Bands. Support levels at 105010 are distant from the current price, unless an extreme pullback occurs; the adjustment space is limited. Resistance at R1, around 124,545.6, overlaps with the upper Bollinger Band, suggesting a test within this zone is possible during the 1-day period. Regarding risks, initial overbought signals are emerging; a rapid upward surge in the short term advises partial profit-taking. If a retracement occurs in the 124,000–126,500 range, dynamic monitoring for profit protection is recommended. Overall, BTCUSDT is expected to maintain a bullish-led upward trend in the 1-day timeframe, targeting the zone of 124,000–126,500 USDT. It is recommended to follow the trend, focus on entry points, and manage risks.