Binance ETHUSDT 10m Trend Prediction

ETHUSDT is currently in a short-term weak structure, dominated by negative MACD values, with Bollinger Band %B extremely low, indicating the price is close to the lower band and prone to further downward testing. The moving average system MA5, MA10, and MA20 are all in a bearish alignment, with prices consistently below the moving averages, facing layered resistance on rebounds, and short-term buying momentum is insufficient. Short-term momentum indicators such as RSI and KDJ are both in the weak market zone, indicating that bullish rebound strength is lacking; a slight rebound cannot be ruled out, but the greater probability is testing the lower short-term support levels (3750) and possibly lower (3745). The DMI indicator is dominated by bears (dmi_minus approximately three times dmi_plus), but the ADX is below 25, showing that the decline, while persistent, is not absolutely extreme; the downward momentum may ease but reversal is unlikely. Active buy orders are very low, suggesting current market liquidity is mainly passive selling; despite a large trading volume, the lack of proactive participation indicates a high probability of continued decline. In terms of support and resistance levels, S1 (3750.05) is the primary support. If broken, the price may test around 3745; resistance above is at MA20 (3766.81) and R3 (3783.62), with limited rebound space. From a chip perspective, large traders’ accounts and positions are slightly leaning towards the long side, mainly forming a bottom but insufficient to drive a rebound; overall, it’s advisable to follow the trend and sell short, targeting the 3745-3760 range, with potential profit targets moving downward if short-term support is broken. In summary, short-term trading should primarily follow the trend and go short, avoiding chasing the top; do not blindly buy on rebounds unless MACD and RSI show bottom divergence or there is a significant reversal in active funds, otherwise maintaining a cautious bearish outlook.