Deepredict
Sideways
Confidence Level: 75%
Target Price
117000-118100
Mark Price
117502.2
Actual Price
117598.4
Prediction Result
BTCUSDT broke below the 50/200 moving averages, and after a short-term pullback near 117000, it stabilized, returning to the middle band of the Bollinger Bands without showing a breakthrough or rapid decline. The MACD shows a small golden cross, but the strength of the cross is limited, lacking sufficient volume follow-through, indicating a small-cycle game. Trading volume is stable, with flows in and out balanced. Most technical indicators are in neutral zones currently, with RSI, KDJ, and Bollinger Bands not showing extreme signals. Volatility and amplitude are converging, and Bollinger Bands are narrowing, limiting the price movement range. The long-short account ratio and the large holder positions ratio both lean slightly bullish, but their absolute values are not extremely deviated, showing that the main force is structurally bullish but lacking a strong trend drive; main players are maintaining control without pushing higher. The 1-hour candlestick chart shows oscillating upward movement with signs of high-level consolidation at the tail end, lacking single-sided pushing momentum, most likely maintaining a range-bound consolidation. Volatility and amplitude data are at low levels, making trend breakthroughs and rapid fluctuations unlikely in the short term. It is recommended to operate in a high-probability buy low, sell high range, with the zone between 117,000 and 118,100 as a consolidation area. Overall, the main direction remains short-term oscillation. A break below 117,000 should alert for a pullback to S2 (116,350). If volume breaks upward, a short-term test of R3 (118,910) is possible, but currently the probability is low.
Used Model
gpt-4.1
Prediction Date
Aug 16, 2025 08:16
Prediction ID
binance-btcusdt-1h-forecast-2025-upd2725
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.