Binance ETHUSDT 10m Trend Prediction

Based on the latest 400 candlesticks of the 10-minute cycle, ETHUSDT shows an overall steady upward trend, with trading volume and turnover increasing in tandem, indicating continuous capital inflow. The upper band of the Bollinger Bands has been broken through, with percent_b exceeding 1, signaling a strong breakout. There may be short-term continuation; however, caution is advised due to the risk of a pullback caused by overbought conditions. Both MACD and KDJ indicators point to an upward trend, especially as MACD histograms continue to expand, confirming bullish signals, with supporting capital flow. Although RSI is in an extreme overbought state (RSI6 > 84), volume is also expanding, suggesting that the bullish momentum has not yet diminished, reducing the likelihood of a correction. The positioning ratio of large traders' long and short holdings is at a high, indicating sustained buying by major players. Support zone is identified at 3105-3100, forming a recent price bottom with strong buy-side absorption. Resistance at R1 is only 3147; the current price is approaching this level. A breakout could further push the price to new highs, potentially reaching around 3170. The short-term market expectation remains upward; however, since multiple indicators are in overbought territory, a rapid rise followed by a pullback may occur. Attention should be paid to potential resistance between 3147 and 3150. Strategy suggestion: In the short term, consider attempting to buy on dips within the 3140-3147 range with a stop loss below 3100; if the price directly breaks above 3150, the target is set near 3170. Caution should be exercised if volume increases and price movements stagnate at high levels, as this could signal a short-term correction.