Binance ETHUSDT 10m Trend Prediction

The current ETHUSDT price at 4017.25 is in a clearly bearish trend, with technical indicators showing multiple signs of bearishness. The price has broken below the middle Bollinger Band and is approaching the lower band, indicating that downward momentum persists. From the moving average system perspective, the price is below all short-term moving averages, forming a typical bearish alignment. The MA5-MA20 moving averages are declining and diverging, exerting resistance on the price. Regarding momentum indicators, the MACD remains below the zero line, with DIF and DEA both negative, indicating dominant bearish momentum. Although RSI6 has entered oversold territory, other period RSIs still have room to decline. The KDJ indicator shows J line deeply oversold at -4.11, but in a strong downtrend, the oversold state could persist for a longer duration, limiting short-term rebound strength. Market sentiment shows that the active buy-sell ratio of 0.5797 suggests selling pressure slightly outweighs buying, and the number of bearish accounts relative to bullish accounts at 0.8252 indicates dominance of the bearish side. While the large traders' long-short position ratio of 3.12 indicates a bias towards long positions, there may be hedging or reduction in holdings. Trading volume data indicates active trading over the past 24 hours; however, recent volume has tapered off, as seen on the candlestick chart, implying that downward momentum may be waning but no significant divergence between price and volume has occurred. Support and resistance analysis shows that the current price is near the first support level S1 at 3925. If this level is breached, the price may test S2 at 3885.18. On the resistance side, R1 at 4070 will serve as a key barrier during bounces. Overall, considering multiple bearish signals from technical indicators, a bearish moving average alignment, and prices near the lower Bollinger Band, it is expected that the price may continue to slightly decline within the next 10 minutes, targeting the range of 3990-4010. Caution is advised; wait for more definitive reversal signals.