Binance ETHUSDT 12h Trend Prediction

ETHUSDT has experienced a continuous significant decline over the past 12 hours, combined with historical trend analysis of the candlestick chart and a bearish moving average arrangement, indicating very weak rebound momentum and an overall accelerating downward trend. The Bollinger Band percent_b is extremely low, indicating the price is operating at the bottom of the channel; however, support below remains unclear, and short-term downward exploration persists. If the decline reaches the support level S1 (2486) without stabilizing, there is a risk of further descent to lower levels. The MACD and KDJ indicators are both in bearish territory, with numerous technical indicators showing extreme bearish bias. The RSI has entered oversold territory across all timeframes, suggesting a potential rebound but one that is weak; since the MACD shows no signs of turning upward, the downward momentum may continue. Despite the active buy-sell ratio and the large-cap long-short holdings ratio leaning somewhat bullish, given the full breakdown of technical support levels and an extremely weak market sentiment, main funds might be engaging in accumulation or temporarily observing the correction, which should not be taken as a reversal sign. Volatility is extremely high (ATR and ADX), with declines potentially accompanied by intense fluctuations and accelerated market movements, so short-term operations should focus on the effectiveness of support levels for defense. Over the next 12 hours, the market is expected to repeatedly test previous lows and supports. If stability is achieved within the 2500–2650 range, a short-term rebound may follow; otherwise, the price could continue downward, with larger support zones at 2111 and 1750 below. Risk reminder: Attempting to bottom-fish against the trend in the short term requires caution. Traders are advised to strictly execute stop-loss strategies or wait for clear signs of stabilization before attempting long positions. In extreme market conditions, avoid heavy full-position operations.