Deepredict
Sideways
Confidence Level: 75%
Target Price
117700-118200
Mark Price
117960.65
Actual Price
118079.88
Prediction Result
From the candlestick chart, BTCUSDT has recently risen and is consolidating at high levels, currently unable to break through the resistance above, exhibiting a box-range oscillation pattern. The Bollinger Bands' three lines are converging; the Percent B indicator shows that the price is operating in the upper-middle range but has not clearly broken out. The current price is not far from both the upper and lower bands, indicating continued short-term consolidation. Although the MACD shows signs of a bullish crossover, the momentum histogram is limited, with DIF and DEA both in negative territory, suggesting doubts about sustained upward momentum and lacking strong breakout conditions. The RSI and KDJ indicators show no extreme signals, with insufficient moving average support, and the bullish strength has not yet reassembled. Market funds remain cautious, showing a strong wait-and-see sentiment. Large account holding data indicates that main funds are positioning but with low account activity, suggesting the short-term trend is still uncertain and characterized by evident oscillation. Support and resistance zones are broad; short-term price pressure is below R3 (119,655), with support at S1 (117,109), and limited volatility is expected in the next hour. Trading advice: Operate within the range by buying low and selling high; avoid chasing gains or panic selling. Short-term, consider buying around 117,700-118,200 and selling at higher points; if the price drops below 117,700, monitor the support zone to prevent a breakdown. Overall, BTCUSDT remains in a bullish pattern, but short-term momentum is weakening. A new round of capital inflow or clear directional movement is needed to define the trend more precisely.
Used Model
gpt-4.1
Prediction Date
Jul 20, 2025 11:54
Prediction ID
binance-btcusdt-1h-forecast-2025-upd1483
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.