Binance ETHUSDT 12h Trend Prediction

Currently, ETHUSDT has experienced a strong rebound from the bottom and refreshed its recent high; the moving average bullish divergence formation is obvious. Although MACD has undergone a short-term correction, the overall trend remains unaltered. The Bollinger Bands are relatively wide, with the upper band near 3892. The percent_b value of 0.77 indicates that there is still room for upward movement. Combining market volume and large traders' long positions, it is expected that the short-term bullish trend will continue. Although RSI indicators are approaching overbought levels, no extreme values are present. Additionally, market trading volume and funding rates are expanding simultaneously, indicating a strong bullish sentiment. The KDJ indicator has not shown extreme complacency, which also supports further upward exploration in the short term. Large traders exhibit extremely strong bullish sentiment. Active buying and selling are relatively balanced but overall leaning towards bullishness, suggesting that retail investors have differing views while major players maintain control of the market. In a strong trend environment, the ATR and ADX indicators also point to a high probability of trend continuation—after a short-term adjustment, the price is likely to test the upper Bollinger Band and key psychological levels. Support levels are far from the current price, limiting the space for pullback. It is recommended to set the short-term target range at 3900-3980. If rapid correction occurs, it can be viewed as another opportunity to go long; breaking through 3980 would accelerate upward movement. However, the 12-hour cycle still suggests monitoring the Bollinger Band's upper band for potential oscillation. Risk warning: RSI is at high levels, so attention should be paid to possible high-level oscillations or minor pullbacks. If the price falls below the MA5 (3800), consider reducing positions or setting stop-loss orders. Based on the comprehensive analysis of candlestick charts and technical models, ETHUSDT is currently in a strong bullish wave, with a bullish outlook maintained within the next 12 hours.