Binance ETHUSDT 10m Trend Prediction

ETHUSDT recent 10-minute cycle price initiated around 3950, with volume breakout above 4000, indicating extremely strong short-term momentum. MACD indicator shows a substantial golden cross, with dif remaining significantly above dea, and MACD bars continuously expanding, reflecting a very evident bullish trend likely to continue rising. Bollinger Bands are extremely close to the upper band, with percent_b above 0.98, indicating that the short-term has entered a strong trend zone. Coupled with RSI6 at high levels, this suggests that buying momentum has not yet been fully released. KDJ indicators are all at high levels, indicating concentrated capital inflow without obvious topping signals. However, caution should be exercised regarding potential overbought pullbacks. Order book activity shows that active buy-sell ratio and large trader long-short position ratio/account ratio both point to bullish sentiment, demonstrating that major players are committed to going long, with follow-up traders actively participating. Current volatility is high (3.542). Considering the 24-hour trading volume and turnover levels, a breakout and surge are highly probable in the short term. Resistance R1 at 4070 is expected to be the main upward target in this cycle. If prices break through this level in a short period, caution is advised for a possible pullback after the rise. Overall assessment: bullish in the short term, with a high probability of attempting to reach the 4050-4070 range within the next 10 minutes. If the price fails to effectively break through 4070, the probability of a short-term correction increases.