Binance ETHUSDT 10m Trend Prediction

ETHUSDT is currently between the middle and upper bands of the Bollinger Bands, with no significant increase in volatility or trading volume, indicating a dominant ranging market. After a bullish crossover in MACD, a death cross has occurred, with downward momentum but not strong, and obvious support levels below, suggesting short-term pullback pressure but no overall trend reversal, leading to potential oscillation and consolidation. The J value of the KDJ indicator is extremely high, but K and D did not simultaneously top out, implying a potential short-term retracement but overall bullish momentum remains, likely resulting in sideways consolidation in this range. Short-term RSI signals overbought conditions with continued capital inflows, yet no strong breakout has occurred. Account and position ratios are continuously reaching new highs, indicating optimistic market sentiment but resistance in the current price zone. Support and resistance points are close to the current price, with less than $30 of fluctuation space remaining, showing no strong directional trend. It is recommended to adopt a range-bound trading approach. Short-term trading can be conducted within the 3160-3200 range, with long positions waiting for a support pullback, and short positions waiting for rebound resistance, with strict stop-loss limits set at both ends of the range.