Binance ETHUSDT 10m Trend Prediction

ETHUSDT current candlestick chart continues to weaken, with the price approaching the lower Bollinger Band and no significant rebound momentum. Short-term bulls are lacking strength, dominated by bearish sentiment in the market. MACD indicates strong and expanding bearish momentum, with no signs of bottom fading; bearish force holds a decisive advantage. Both RSI and KDJ are in extremely weak territories, consistently indicating oversold conditions, and the J value of KDJ has repeatedly hit new lows during this cycle, suggesting potential short-term acceleration in downward movement. Funding rates are declining. The active buy-sell ratio and the ratio of bullish to bearish accounts are slightly skewed towards bulls, but the large-account holding ratio and number of accounts still reflect that bulls cannot dominate. The market structure leans more towards short-term bears. Significant increase in volume accompanying price decline indicates concentrated selling pressure, with bears increasing volume to push the price down, testing support levels. In the support and resistance setup, S1 at 3290 and S2 at 3280 are likely to be tested in the short term. Failure to hold these levels could lead directly to S3 at 3275, so it is recommended to monitor for signs of止跌 (trend reversal) within the 3290–3275 range. Volatility and ADX indicators are extremely high (ADX 44.08), indicating that the downward trend is very clear, with very low probability of an immediate reversal. Operational suggestion: Short-term mainly consider short positions at high levels. When the price drops into the 3275–3290 range, watch for signs of止跌 before attempting light rebounds. Stop-loss is recommended to be moved below 3270. Do not blindly go long in the short term; patiently wait for oversold conditions to be replenished.