Binance ETHUSDT 10m Trend Prediction

ETHUSDT recent 10-minute candlestick performance shows a decline followed by consolidation at lower levels, with trading volume significantly decreasing compared to previous declines, indicating an adjustment phase. The Bollinger Bands bandwidth has narrowed, with a percent_b value of only 0.37, showing the price starting to approach the lower band, but with insufficient momentum for an extreme break lower. In the next 10 minutes, it is highly probable the price will fluctuate along the Bollinger Bands' lower to middle bands. MACD shows a death cross, with the red histogram shortening, and no significant divergence or volume trend, indicating the market's selling pressure has ended but buying momentum has not resulted in a strong rebound, making rapid short-term reversal unlikely. RSI values across multiple periods are not in extreme states, with no obvious overbought or oversold signals. Downside risks are limited; however, lacking sustained buying strength, leading to a sideways consolidation conclusion. From a capital perspective, large traders hold predominantly long positions; however, the price remains subdued, and active buy orders are low, suggesting some capital is maintained but market follow-through is lacking, showing a strong short-term waiting stance. Short-term support is at S1 around 3751, approximately 20 points below the current price; barring any sudden changes, it is likely the price will find support near this zone. The resistance above is at 3801-3805, where the upper Bollinger Band overlaps with the resistance zone, exerting pressure. Technical patterns and main market behavior both point to short-term range-bound oscillation, recommending focus on range trading strategies. Buying above 3850 or shorting below 3750 is not advised. Wait for a confirmed breakout of the range before adjusting trading directions. In summary, the ETHUSDT 10-minute interval is highly likely to oscillate within the 3775-3805 range. Trading should primarily involve short-term long and short positions with strict stop-loss controls to prevent abrupt volatility.