Deepredict
Bearish
Confidence Level: 75%
Target Price
108500-109000
Mark Price
115990.99
Actual Price
115540.7
Prediction Result
According to Bollinger Bands analysis, the current price is moving towards the lower boundary, with pressure between the middle and lower bands. The MACD indicator shows a significant expansion, indicating a clear downtrend, especially under weak conditions, increasing the likelihood of further decline. The RSI is at a low level, particularly with RSI6 entering the traditional oversold zone, which typically suggests a potential rebound; however, combined with other indicators, there may still be room for further decline. The KDJ indicator shows weakening market momentum, with the J line below the K and D lines, indicating strong downward energy. Although institutional holdings are biased toward long positions, under current technical pressure, it is expected there will be temporary selling pressure, reducing expectations for a rebound. Overall, short-term market sentiment is bearish. Until the price can break above the middle band, bullish forces are unlikely to drive a significant rise. Therefore, there is a higher probability of testing the price range between 108,500 and 109,000. In terms of trading strategy, attention should be paid to support levels below, operating cautiously to prevent further sudden market movements.
Used Model
gpt-4o
Prediction Date
Jul 25, 2025 03:29
Prediction ID
binance-btcusdt-4h-forecast-2025-upd1830
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.