Binance BTCUSDT 2h Trend Prediction

The candlestick chart shows a narrow-range fluctuation correction pattern after a recent decline, with obvious resistance above (Bollinger Band upper band at 111,927), but the price center has not significantly moved downward, indicating a short-term support testing phase. The MACD shows a rebound from low levels but remains below the zero line, lacking strong trend guidance in the short term, suggesting a high probability of continued oscillation over the next 2 hours. Large traders and overall account sentiment remains bullish, providing short-term support for prices. Active buy orders slightly dominate, but there is a lack of volume driven to new highs. Multiple time frame RSI indicators show no extreme values, reflecting that the price is in a neutral digestion zone with limited upward momentum in the short term. ATR and amplitude are both relatively low, indicating insufficient market volatility and supporting a consolidation range between 110,600 and 112,000. In summary, BTCUSDT is expected to continue neutral oscillation over the next 2 hours. If volume picks up, a breakout above the upper resistance may occur, but the current bullish momentum is insufficient to change the oscillation pattern. Trading strategies include range arbitrage, waiting for buy low and sell high opportunities, and remaining cautious to manage risks associated with chasing rallies and selling dips.