Binance ETHUSDT 10m Trend Prediction

Based on the current K-line chart performance, ETHUSDT has retreated from its high point, with short-term bullish momentum weakening and frequent pullbacks. The candlestick top shows long upper shadows, indicating heavy selling pressure. The Bollinger Bands are in a narrow range, with low volatility. The current price approaches the middle band from above, and both MA5 and MA10 are below MA50, indicating weak moving averages and an increasing likelihood of a short-term plunge. The short-term RSI remains overbought, but the medium- and long-term RSI have been gradually declining, suggesting a short-term peak for the bulls and clear profit-taking by bullish capital. Although the MACD histogram is positive, the DIF and DEA are both negative, and the histogram is shrinking, indicating that the bullish rebound is gradually ending and may be vulnerable to bearish counterattacks. The KDJ indicator's three lines are in extreme overbought territory, with the J value showing significant divergence, which is typically a sign of a top at higher levels. Market active buy-sell ratio is weak (0.62), and the high proportion of large holders is not driving a new wave of buying; instead, it suggests that short-term volatility may be intense or that active profit-taking risks are increasing. If the primary support S1 around 4555 is broken, the short-term will test the lower Bollinger band and the previous low near 4530. It is recommended to mainly enter short positions at higher levels with a stop-loss above 4585, targeting the 4530-4560 range. Overall, the recommendation is to remain cautious; aggressive traders may consider light short positions. If the price breaks below the lower Bollinger Band, timely profit-taking is advised. Emphasis should be placed on risk control to avoid repeated losses caused by significant volatility.