Binance ETHUSDT 10m Trend Prediction

From the candlestick chart, it can be observed that recent high points on the larger cycle are continuously trending downward, and short-term trading volume has not effectively increased, indicating a pressure-driven downward movement. The lower high after rebound suggests that the bulls lack the strength to break through. Currently, the MACD is in a death cross and continues to widen, with MA5/MA10 crossing below MA20 and MA50. The short-term moving average layout is biased bearish, and the price is close to (slightly below) each moving average. The RSI and KDJ are in extremely oversold conditions, but there is no obvious bullish divergence, nor has there been an effective increase in volume to form a bottoming pattern. This indicates the downtrend will not end in the short term, and the inertia is likely to continue suppressing the price. The Bollinger Bands are converging, with the price close to the lower band, suggesting a short-term inertial decline testing key supports S1 (3100) and S2. However, if 3100 is not broken, there may be a rebound or oscillation in the oversold state. Although the long and short positions are dominated by large traders, the active buy-sell ratio in the order book is very low, and market follow-up capital is not aligned, making continued weakness in the trading surface highly probable. It is recommended to observe in the short term or cautiously short. If the price falls below 3100 or drops to 3090-3100, consider taking profits or reducing short positions accordingly. If it breaks below 3090, caution should be exercised to avoid panic selling. Note that if trading volume suddenly expands and rapid stabilization signals reappear, a technical rebound may occur in the short term. Currently, do not trade against the trend in anticipation of a bottom, and strictly adhere to stop-loss rules.