Binance ETHUSDT 10m Trend Prediction

ETHUSDT, based on the latest 400 10-minute period K-line charts, shows a predominant sideways upward trend, with major moving averages diverging upwards. The price is currently operating within the upper band of the Bollinger Bands, above all major moving averages, indicating a clear bullish structure. The Bollinger Band width is relatively narrow, and percent_b is close to 1, suggesting limited but sustained upward volatility in the short term; MACD shows a persistent golden cross with increasing divergence, indicating strong trend momentum. RSI in the short to medium term remains in the 60-63 range, despite a short-term overbought risk, there is still room for upward movement. The J line of the KDJ indicator is high, warning of possible short-term minor adjustments, but the overall overbought structure has not yet formed a reversal point. Coupled with high long and short positions held by large traders and a record-high account ratio, the bullish momentum continues to strengthen. Active buying volume and funding rates are stably supporting the bullish direction, with no significant decrease in trading volume and active turnover, indicating good market participation. Previous resistance R3 is at 3239.67, with short-term targets aligning with the upper Bollinger Band region and aiming to breach the initial resistance zone. In case of a retracement, support at S1 3157.12 provides strong backing. It is expected that the price will fluctuate upward within the 3198-3215 range over the next 10 minutes. If a sudden surge in volume breaks out, targets can be gradually extended towards the next resistance zone. The stop-loss is recommended below the MA20 (around 3180), and take-profit can be adjusted following Bollinger Band breaks and R1 resistance band advancements. Considering the current indicators and market structure, short-term trading should primarily follow the trend with long positions, maintaining controlled position size, and guarding against retracements caused by short-term overbought conditions. Rebounds to 3180-3185 are considered attractive points for testing long positions.