Deepredict
Bullish
Confidence Level: 83%
Target Price
18.10-18.50
Mark Price
17.27
Actual Price
21.27
Prediction Result
The candlestick chart combined with a sharply increased trading volume indicates that a large amount of capital is driving a breakout in the current cycle, with bullish sentiment extremely active, and high volume coupled with an upward trend forming a volume breakout pattern. The upper Bollinger Band and the percentage indicate an extreme breakout, suggesting a sharp bullish trend. Although there is short-term selling pressure, the overall momentum tends to continue strongly, potentially pushing prices higher toward resistance zone R1 (18.11) or even a false breakout. The moving average system displays a standard bullish alignment, especially with MA5-50 clustering around the 13-14 USD range, demonstrating solid positions. Even if there is a pullback in the near term, capital support is expected to persist. The RSI and KDJ indicators are in extreme overbought territory in the short term, indicating a possible correction. However, continuous capital inflow and the highly skewed long bias between buyers and sellers suggest that bullish traders may capitalize on the short-term funds and market trend to push prices higher. From the perspective of support and resistance, 18.11 remains the main resistance level. The current price has already broken through R2 (17.70). The short-term target ranges between 18.10 and 18.50; barring significant adverse news, a deep pullback is unlikely. The DMI and ADX combination display a very clear unidirectional trend, with the primary trend being strongly established and reinforced, implying that short-selling requires extreme caution. Practical trading advice: Follow the trend with a short-term long bias, set reasonable stop-losses to prevent high-level retracements. If the price stabilizes above 18.10, it can aim for 18.50. If a quick support is established during a pullback to 16.8-17.1, consider incremental buying; however, do not pursue rising prices with excessive leverage blindly. The market is currently at the end stage of an extreme bullish trend and overbought conditions, with the bulls having the advantage but also risking a pullback after chasing too high. Therefore, it is recommended to hold or buy on dips rather than blindly chasing highs.
Used Model
gpt-4.1
Prediction Date
Aug 05, 2025 01:40
Prediction ID
binance-ilvusdt-6h-forecast-2025-upd2164
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.