Deepredict
Bearish
Confidence Level: 80%
Target Price
670-705
Mark Price
705.89
Actual Price
713.92
Prediction Result
Considering overall market volume, the candlestick chart over the past 20 periods shows a clear upward trend but has recently experienced a sharp pullback, with short-term volume surging accompanied by significant price fluctuations. This indicates that a large portion of profit-taking has occurred, leaving room for price correction. The moving average system is arranged in a bullish pattern, but the short-term MA values are significantly above the current price, suggesting the upward momentum is rapid, with overextended gains, and the market is approaching a short-term correction zone. The middle and lower bands of the Bollinger Bands form a strong support zone. The recent price trigger indicates a short-term pullback, with potential retracement towards the lower Bollinger Band region (around 665). Short-term technical indicators RSI and KDJ show significant weakening; MACD has formed a death cross and is in negative territory, implying the upward momentum is momentarily exhausted. Market funds are predominantly bearish, and it is advisable to adopt a short position strategy, expecting a downward correction in line with the trend. The active buy-sell ratio is slightly above 1, but the main force holding positions and the number of large account holders remain relatively bearish. This indicates limited bullish participation and a strong presence of profit-taking and sell-side pressure on the order book. Support levels reference S1: 466.87, which is well below the current price. The previous bullish profit-taking zone was sizable. The main correction ranges are between 700 and 670. If trading volume continues to increase, the correction trend will become more evident. Short-term trading strategies should focus on gradually shorting on rallies, with attention to risk management. If the price drops as expected to the 670-700 range, observe for signs of stabilization and rebound, and consider short positions only after confirmation of a trend reversal through signals from KDJ, MACD, and moving averages.
Used Model
gpt-4.1
Prediction Date
Jan 14, 2026 22:38
Prediction ID
binance-xmrusdt-1h-forecast-2026-upd5511
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.