Binance ETHUSDT 10m Trend Prediction

ETHUSDT current 10-minute cycle price experienced significant retracement followed by consolidation within a narrow range, with the Bollinger Bands' upper and lower bands being relatively close, indicating limited short-term volatility and a market entering a consolidation phase. Although the MACD is forming a weak golden cross, the MACD value is minimal, and momentum is rapidly diminishing, suggesting insufficient upward space in the short term. The RSI6 data is relatively low, but the 12, 14, and 24-period RSIs are all above 60, indicating that the short-term overbought or oversold corrections are nearing completion. The KDJ indicator J value is below K and D, a typical signal of a downward correction, but in the absence of substantial trading volume, technical correction movements may mainly manifest as sideways oscillations. Market overview: Major accounts exhibit strong bullish sentiment, with large holders' positions significantly exceeding the number of accounts, but market trading activity remains somewhat subdued (active buy-sell ratio below 1), and capital flow is relatively conservative. Based on the above data, it is expected that ETHUSDT will continue to fluctuate mainly within the range of 4580–4650 USDT in the next 10 minutes. While there are signs of large players accumulating at lower levels, sharp directional moves are unlikely; the market may oscillate and build momentum before attempting a breakout. It is advisable for traders to remain cautious, patiently wait for a clear breakout signal above the resistance or below the support within the consolidation range before taking action, and avoid chasing rallies or panic selling at this stage.