Binance ETHUSDT 10m Trend Prediction

Comprehensive analysis of current market data indicates that ETHUSDT exhibits a clear weak corrective pattern. The price oscillates around 3240, approaching the middle Bollinger Band, but overall technical indicators remain bearish. From the momentum indicators perspective, MACD is in negative territory with a value of -0.5372, and the DIF line is below the DEA line, indicating that the short-term downward trend continues. The full KDJ indicator is in oversold territory, with J line at only 13.29, reflecting rather bearish market sentiment. Trading activity data shows an active buy-sell ratio of only 0.4350, suggesting that selling pressure significantly outweighs buying interest, with market capitulation evident. Although the large trader long-short position ratio is 2.86, indicating bullish bias, the short-term technical outlook faces considerable resistance. Support and resistance level analysis reveals that the current price is near the S1 support level at 3,231. If this level is broken, the next support is at S2, 3,187.59. Considering the current bearish pattern, the price is expected to test the 3225-3235 range downward. Volume data shows a 24-hour trading volume of 4.08 million ETH and a transaction amount of 13.1 billion USD, indicating high market participation. However, in the context of bearish technical indicators, this likely represents panic selling. The RSI indicator shows significant divergence, with RSI6 at 36.59 in oversold territory, while RSI14 remains at 56.64, suggesting potential further downside in the short term. ATR is 5.23, indicating moderate volatility. Short-term focus should be on the support zone between 3225 and 3235. If this support fails, caution is advised as prices may further decline toward around 3190. It is recommended to wait for technical indicator recovery before considering entry positions. Risk warning: Despite the bearish technical outlook, the cryptocurrency market is highly volatile. Strict risk management, including position size control and stop-loss settings, is essential. If the price unexpectedly breaks above 3250 resistance, adjust strategies promptly.