Deepredict
Bearish
Confidence Level: 75%
Target Price
117000-117500
Mark Price
117716.6
Actual Price
117228.32
Prediction Result
Based on Bollinger Bands and MACD indicators, the current market exhibits a continued downward trend. The MACD is below the zero line, indicating the market still has potential for further decline. The RSI indicator is relatively low but shows no obvious signs of rebound, suggesting the market may need to further digest current selling pressure. Long and short positions show a certain bearish sentiment; the number of accounts compared to position ratios indicates divergence, implying short-term bearish dominance. Volume data supports a downward trend; market participation is low, making it difficult to sustain a rebound. It is recommended to wait for clearer support signals or trend reversal signs before entering long positions; in the short term, consider shorting on rallies.
Used Model
gpt-4o
Prediction Date
Jul 21, 2025 18:35
Prediction ID
binance-btcusdt-30m-forecast-2025-upd1648
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.