Binance BTCUSDT 2h Trend Prediction

Based on the 2-hour candlestick chart pattern, BTCUSDT has attracted significant mainstream support at the bottom after a sharp decline, followed by a strong rebound. The current price has突破 the upper Bollinger Band, and technical indicators indicate an extremely strong upward trend. The short-term moving averages MA5, MA10, and MA20 are arranged in a bullish formation, coinciding with a powerful golden cross in MACD with increasing volume, indicating strong short-term capital inflow and a clear bullish trend. It is important to note that the short-term indicators RSI and KDJ are both in severely overbought conditions, which theoretically carry a risk of correction. However, largeholders' holdings continue to support the bulls, and there may be quick upward movements ('short squeeze') during intraday trading, with limited retracement space. Current active buying and selling volumes, as well as largeholders' holdings ratios, are极端偏多 (extremely skewed bullish), a typical characteristic of a strong trending market. The main funds are clearly pushing prices higher. The current行情(short-term market) is very likely to continue rising, with resistance levels at R2 (107473) and R3 (104800). Nevertheless, a reasonable short-term target within the 2-hour window is around 96,000, close to the previous median consolidation zone. A short-term correction may occur, but the bullish momentum remains strong. The overall structure supports another rise toward the 94,000-96,000 range. If a sharp pullback occurs, attention should be paid to S1 support zone, with stop-loss levels around the MA10 area. Trading advice: In the next 2 hours, the bullish momentum dominates. Aggressive traders may chase longs up to around 96,000, with tight risk controls in line with moving averages. If price stagnation occurs, consider taking profits promptly. Risk warning: Due to the extreme overbought condition, if a large bearish candlestick occurs and engulfs previous candles during intraday trading, a short-term rapid correction may ensue. Ensure proper profit-taking and position management.