Deepredict
Bearish
Confidence Level: 82%
Target Price
110300-110700
Mark Price
111440.0
Actual Price
111538.6
Prediction Result
BTCUSDT short-term technical outlook is extremely bearish, with the MACD showing increasing bearish momentum, RSI across all periods is trending downward, approaching around 9 points, indicating severe oversold conditions but lacking obvious rebound strength. The KDJ indicator shows a death cross with the J line continuing to move downward through the K line, releasing energy but without buying interest emerging, suggesting potential further downside momentum. From the Bollinger Bands perspective, the current price is close to the lower band, with the %B at only 0.13 indicating that the price is probing the lower boundary of the Bollinger envelope. If capital inflows do not rebound rapidly to restore volume, the price may continue to decline, with initial support near S1 at approximately 110,484. A break below this level could lead to a quick drop into the 110,300–110,700 range. Trading volume shows no significant increase, and activity has decreased, indicating a stalemate between bulls and bears, with bears gradually gaining advantage. The active buy/sell ratio falls below 0.85, suggesting that short-term active funds are more inclined toward selling. Large accounts’ long and short positions, as well as the number of accounts, both exceed 1, indicating some funds are attempting to catch a bottom or engaging in internal battles. However, the mainstream fund trend has not reversed. Traders involved in ‘bottom divergence plays’ should exercise caution with high-frequency and short-term operations, as there are no clear signs of a short-term bullish turnaround yet. In summary, it is expected that the BTCUSDT price will continue testing the support zone between 110,300 and 110,700 over the next 30 minutes. A break below this zone warrants caution for potential acceleration downward, while a volume-consolidating stabilization could be viewed as a brief correction of weakness. Overall, it is not recommended to contrarily attempt bottom fishing to avoid a rebound that may falter and lead to new lows.
Used Model
gpt-4.1
Prediction Date
Aug 29, 2025 03:02
Prediction ID
binance-btcusdt-30m-forecast-2025-upd3028
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.