Binance ETHUSDT 10m Trend Prediction

ETHUSDT, after experiencing a significant rally, the current price has consecutively stabilized around the upper Bollinger Band across several candlesticks, indicating a slowdown in major buying pressure and that short-term prices have reached a strong resistance zone. Multiple momentum indicators (RSI, KDJ) are in overbought territory; although MACD remains in a bullish crossover state, the upward momentum is gradually weakening, and KDJ shows signs of needing a correction. At this point, chasing the highs entails high risk, and the market is expected to fluctuate within the 3300-3340 range as bulls and bears contend. Despite the evident dominance of bullish capital (strong active buy-sell ratio and large holder positions), technical indicators suggest overbought conditions after the short-term rapid rise, combined with a lack of follow-through in trading volume, indicating a possible market consolidation zone awaiting a new surge in volume and a decisive direction. Major resistance is located at 3341 (R2), with support levels at the MA20, middle Bollinger Band, and S1 price levels. Price fluctuations within this range are predominant. If subsequent volume increases alongside a pullback that does not break key supports, bullish opportunities may still be viable. Short-term strategy is to observe; after consolidating within the range, if the price returns to stabilize between 3283-3300 without breaking support and volume picks up, re-entry into long positions may be considered. If the price breaks above 3341 on high volume, the upward trend is likely to continue.