Binance ETHUSDT 12h Trend Prediction

Current market data indicates that ETHUSDT is in a short-term upward trend, with price fluctuations between the middle and upper Bollinger Band suggesting further upside potential. The positive value and golden cross state of the MACD indicate strong buying momentum, with no signs of a dead cross formation. The RSI indicator remains within a reasonable range and has not yet reached a clear overbought signal. Market sentiment, reflected through long and short position data, shows an optimistic trend, with large account holdings significantly leaning toward long positions, emphasizing a continued upward price movement. Chart analysis shows a clear upward trend, with stable trading volume, not indicating excessive market participation sentiment, but supporting the upward trend. Investors are advised to continue observing the trend development; if the price confirms a breakout above the upper resistance, consider entering in phases for long positions, with stop-loss settings near key support levels to reduce risk.