Binance BTCUSDT 1d Trend Prediction

BTCUSDT is currently in a typical downward trend channel. The Bollinger Bands indicator shows that the price is near the lower band, with a relatively wide bandwidth, indicating ample space for bears. No top signal has appeared in the short term. MACD continues to expand its negative value, with DIF and DEA forming a death cross and strongly moving downward, indicating that the inertia for short-selling has not yet been fully released. The combination of RSI and KDJ forms an extreme oversold resonance, which generally suggests a low probability of a V-shaped rebound in the short term. Instead, it is more likely to undergo inertial downward movement along the trend before finding a bottom and oscillating. All moving average systems are arranged in death crosses, with the 5-day and 10-day moving averages dropping sharply. The long-term bull-bear dividing line MA200 is significantly above the current price, creating heavy resistance for rebounds. Each weak rebound is likely accompanied by a new wave of selling pressure. The DMI three-line indicator shows serious divergence, with +DI far below -DI and the ADX remaining high, indicating that the current bearish force dominates completely and the bulls have little ability to mount a counterattack. Although both long and short positions and account ratios are extremely high, appearing bullish on the surface, combined with the technical conditions, it is inferred that many bulls at high levels are trapped and leverage liquidations are occurring, which could trigger a 'liquidation cascade' to further accelerate the decline. While some extreme oversold conditions are observed in short-term technical indicators, support below remains weak. The main target zones are S1 (88,909) and S2 (83,063.9). A breach below S1 would likely prompt a quick move towards S2. It is expected that in the next 1 day, support will be sought in the 86,000-90,000 range. The current market should prioritize defense, avoiding chasing long positions. Aggressive short positions can be gradually established between 90,000 and 91,000, with partial profit-taking on breakdowns below S1. Short-term rebounds should not be excessively stubborn; if the price falls below 89,000, further deep adjustments should be anticipated. Overall recommendation: Maintain strict risk control, monitor intraday rebound strength, and until MACD, KDJ bottom divergences, and RSI oversold conditions are repaired, uphold a defensive bearish stance.