Binance BTCUSDT 1d Trend Prediction

BTCUSDT is currently clearly breaching the lower Bollinger Band, with bandwidth narrowing but no short-term sign of price stabilization. The MACD remains in a dead cross state, indicating persistent bearish momentum with strong short-selling force, making rebounds unlikely. Both RSI and KDJ indicators are weakening overall, signaling that the market is in a continuous oversold condition and lacks quick recovery momentum in the short cycle. Although large-volume traders maintain a mostly long position, actual trading volumes and active buying are relatively weak. In the tug-of-war between bulls and bears, the bears currently hold the advantage. The moving average system is arranged in a bearish alignment, lacking strong support in the short term and showing weak rebound potential. The support level at 98,115.4 is the expected next major target; if this level is broken, further declines toward lower zones could occur. Combined with the candlestick chart, after oscillating at high levels in the previous period, the price has declined, indicating profit-taking and active fund withdrawal at this stage. It is advised to hold a short position or cautiously short sell, observing for a rebound before re-entering positions. Resistance is above 100,500. If a rebound occurs, consider increasing short positions with a stop-loss near the MA10 (around 105,700); target zones are the supports at 98,100 to 100,500 below. Overall analysis indicates a dominant bearish trend, with the market facing correction. In the short cycle, downward momentum is strong. It is recommended to follow the trend and avoid impulsively betting against the trend. For capital safety, strict risk management and stop-loss measures are essential.