Binance ETHUSDT 12h Trend Prediction

ETHUSDT is currently in the attack phase of the upward channel, with short-term bullish momentum extremely strong. The upper band of the Bollinger Bands has been broken with increased volume, and the percent_b has reached 1.02, indicating an extremely strong breakout, which is usually accompanied by a continued short-term bullish trend and a slight pullback before further upward movement. The moving average system shows a classic bullish alignment, with all short- and medium-term moving averages positioned below the current price, providing strong support for the price. Overall, the short-term correction space is limited; if a rapid downward probe occurs, it will attract capital inflow. Momentum indicators such as RSI and KDJ are in overbought territory, theoretically posing a risk of a pullback. However, no significant top divergence or signs of retreat are observed. The MACD continues to expand, indicating no signs of weakening in bullish momentum. Large institutional holdings and the long-short ratio remain偏多, with active buy orders dominating; the market is clearly under bullish control. The funding rate is slightly positive, indicating strong bullish sentiment and increased market risk appetite. The support level around 3055 is crucial. Unless there is extreme negative news, this position is expected to offer strong support in the short term. The recent target resistance zone is between 3200 and 3270. A volume-driven breakout above this range could test previous highs. It is important to note that the short-term market is in an extremely overbought condition, which may trigger a correction at any time. However, as long as the support zone is maintained, pullbacks will present good opportunities for low-entry positions, with the primary trend still upward. Trading suggestion: Conservative traders may wait for the price to retrace to around MA5 or the upper Bollinger Band (approximately 3110–3137) to take partial long positions with small size, setting stop-loss below 3055. Aggressive traders may chase long positions but should strictly manage risk based on their position size.