Binance ETHUSDT 10m Trend Prediction

ETHUSDT current price 3119.09, Bollinger Bands bandwidth narrows, price operating near the middle band, indicating a clear short-term consolidation signal. MACD indicator positive and golden cross, but with limited magnitude, suggesting ongoing bullish momentum that is gradually weakening; RSI as a whole does not show obvious overbought or oversold conditions, making significant short-term breakthroughs unlikely. KDJ remains flat at high levels, with the J line retracing, indicating short-term buying power may be waning, and the price is expected to consolidate within a range. Bullish positions and accounts dominate, indicating strong support at the bottom and limited downside risk, but trading volume and buy-sell ratios show capital is becoming more cautious, entering a brief tug-of-war stage. Support level S1 is around 3087, with resistance R1 near 3183; however, these levels are far from the current price, and the 10-minute cycle suggests the price cannot break through the range, expected to oscillate between 3100 and 3130. The overall trend has not reversed, and the volatility indicator ATR remains at a medium level, indicating no massive trading volume or large directional moves in the short term, with fluctuations mainly within the range. For aggressive traders, it is advised to take light positions near the lower boundary of the range for testing, with strict stop-loss orders below support levels. Focus on range trading; avoid forcing a directional breakout.