Binance ETHUSDT 10m Trend Prediction

Observing the candlestick chart, ETHUSDT has experienced significant upward movements and oscillations over the past several cycles, with a clear bullish trend in the recent 10-minute interval. The current price is at 3186.23, near the upper Bollinger Band and short-term moving averages. Additionally, the MACD shows a golden cross simultaneously with bullish signals from other indicators, indicating a market bias toward upside movement. The MACD has just undergone a golden cross, with momentum beginning to be released, while the RSI remains in a mild bullish zone, supporting continued price appreciation. In the KDJ indicator, the J-value is approaching extreme levels, indicating short-term inertia that could lead to a potential pullback or continuation of the upward move, but the dominant trend remains bullish. The long-short positions ratio among major traders is close to 3, with a higher number of major accounts, showing substantial capital inflows favoring long positions. The capital structure suggests the short-term market will likely continue its bullish trend. The active buy-sell ratio exceeds 1.7, reflecting strong market trading intent, which is conducive to the continuation of the bullish market condition. From the support and resistance data, the target range around 3225 is below R3. However, with upward momentum and bullish sentiment, it is anticipated that within the next 10 minutes, the price may challenge the 3200-3225 zone. There is a possibility of a short-term rally followed by a pullback. It is advisable to lock in profits at high levels and set dynamic stop-losses based on the MA20 or the middle Bollinger Band. If the price dips back to 3173-3181 and stabilizes, holding positions can be considered. Short-term volatility is limited, with both volatility and ATR showing slight increases. Coupled with the rising ADX, the probability of upward movement is strengthened. The recommended short-term trading approach is low buy and high sell, targeting the 3200-3225 range.