Deepredict
Bearish
Confidence Level: 80%
Target Price
111850-114000
Mark Price
115107.5
Actual Price
114987.7
Prediction Result
BTCUSDT current price is operating within the lower band of the Bollinger Bands, with overall weak oscillation. The lower Bollinger Band and support level S1 (111850) are approaching, indicating potential for further downward pressure in the short-term. Multi-timeframe RSI is below 30, indicating a strongly oversold region. Although there is a technical rebound demand in the short term, the overall momentum is weak. Bulls lack effective stabilization signals, casting doubt on the sustainability of the rebound. Both MACD and KDJ indicators are at low levels, suggesting short-term capital is gradually retreating, weakening market confidence. Although volume has not dramatically expanded, the downside trading volume (108 billion) still shows significant accumulation, indicating weak rebound strength. DMI indicators are predominantly negative, with a weak trend but a continued downward trend. The ADX is below 20, further confirming an unclear trend but maintaining a bearish dominance. Although large accounts hold majority long positions, the long-short ratio in retail accounts is inadequate. Active capital lacks the capacity to support an upward push. Currently, the price is in a state of ineffective rebound, dominated by bears after a main upward wave, with weak oscillation and downward drift. Support levels to watch are S1 (111850). If breached, the next support is S2 (108429). If a short-term rebound occurs, resistance levels are around MA5 (117298); however, the rebound potential is limited. In the next 6 hours, the market is highly likely to continue weak downward movement. It is recommended to reduce positions at high levels and mainly exit during rebounds. Focus on defending rebound resistance levels. Trading advice: Do not rush to bottom fish at this time. Only after clear technical oversold rebound signals emerge should a long position be considered. Stop-loss should be around S1; if volume increases and price breaks below this level, maintaining current positions is not advisable.
Used Model
gpt-4.1
Prediction Date
Aug 18, 2025 03:45
Prediction ID
binance-btcusdt-6h-forecast-2025-upd2791
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.