Binance ETHUSDT 10m Trend Prediction

ETHUSDT exhibits a very weak short-term trend; in the current candlestick chart, the price has broken through the fluctuation range and pierced multiple moving average supports. The lower band of the Bollinger Bands is being tested frequently, and the current price is nearly touching the lower band; combined with the significant release of bearish MACD momentum, indicating a continuation of the short-term downward trend. The RSI across various periods is extremely oversold, but there is no rapid rebound volume in the market, suggesting that the bear dominance has not yet completed a clean-up, and the price is likely to continue seeking support downward. The large account holdings ratio and the number of long and short accounts are relatively high, indicating that the long side is passively under pressure; the risk of short-term sharp declines has increased. Ordinary longs are advised to strictly stop-loss to avoid further retracement. Recent trading volume has surged sharply, but no reversal bullish candles are observed, and the active buy-sell ratio remains low; buying interest has not shown decisive support, reflecting extremely weak market sentiment. Support levels S1 (3792.33) and S2 (3772.01) may be tested in the short term, with an ultimate support zone at 3747.32 below. The 10-minute intraday cycle is expected to continue its weakness, cautioning against inertia-driven downward movements. Subsequent observations should focus on whether extreme oversold conditions trigger a pause or rebound, but currently, it is not recommended to bottom fish against the trend. Short-term trading suggestion: primarily observe; if price falls to the 3760-3772 zone without a strong volume rebound, consider cautious bottom fishing, mainly trading in the trend direction.