Binance ETHUSDT 10m Trend Prediction

ETHUSDT, after experiencing a strong decline washout, is currently touching the lower Bollinger Band (3449.7) and quickly forming a lower shadow. Historically, this region often experiences short-term rebounds. The narrowing of the Bollinger Bands combined with the price at the lower band indicates that the significant downward risk is nearing its end, suggesting a rebound expectation. The KDJ indicator J-value has fallen into an extremely low level (15.6), while the K/D values remain within the central range. Historically, this combination often accompanies a short-term strong rebound during backtesting. Additionally, the oversold RSI (6-period at 13.7) indicates extremely low market sentiment, which is highly conducive to triggering rapid bullish movement to restore momentum. Although the MACD histogram has not yet turned positive, both DIF and DEA are above zero, and the histogram is shortening, indicating the potential formation of a golden cross (a short-term bottoming and rebound signal). The short-term moving averages currently provide minimal resistance, and the price is far from the support of medium- and long-term moving averages, increasing the probability of a correction or rebound. The long and short capital data are extremely skewed in favor of the bulls, with both large institutional traders and the overall market showing significantly higher long positions, greatly increasing the likelihood of short-term upward movement. The active buying and selling momentum on the exchange is biased towards the bulls, with volume not showing obvious contraction and funds actively following in. There are no明显 resistance levels; R1 data is empty. The short-term target can be considered within the Bollinger middle and upper bands (3460.5-3471). If funds continue to flow in, a breakthrough above 3480 is expected. Based on comprehensive indicator analysis and order book fund assessment, ETHUSDT has a high probability of completing a corrective rebound within the next 10 minutes. Suggested target price range is 3475-3490. For risk management, attention should be paid to 3440 (Bollinger lower band and short-term support zone). Overall, it is advisable to consider a long position during a significant oversold rebound signal. If the price quickly rebounds to or breaks above the middle Bollinger Band or upper band, traders may consider closing short-term profits and closely monitor subsequent momentum changes.