Deepredict
Bearish
Confidence Level: 80%
Target Price
3620-3660
Mark Price
3657.33
Actual Price
3657.83
Prediction Result
The current ETHUSDT price is close to the lower band of the Bollinger Bands and remains below multiple moving averages, with limited upward momentum in the short term. The MACD bearish crossover continues to diverge, indicating a strong downward trend; RSI and KDJ indicators are all at extremely low levels. Although a rebound is expected, the overall background remains weak. Large institutional traders' long-short position ratio shows a predominant long bias, but the number of accounts and active buying and selling are relatively cold, and the main force's bullish signals are not reflected in consistent market strength. This suggests limited short-term rebound potential, with the possibility of further decline after a false rally. From the range-bound market perspective, recent oscillations have narrowed. The support zone at 3620-3630 constitutes a critical short-term area. If this is broken, a faster downside movement may occur; if stabilized, the price is likely to oscillate around 3660 for correction, though upward pressure remains evident. Volatility and ATR are subdued, indicating cautious market activity, with short-term weakness in upward movement. Attention should be paid to support levels within the 3620-3660 range. Considering nearly 400 candlestick patterns and technical indicators, the tendency is for a short-term test of support near 3620. Even if a short-term oversold correction occurs, it is unlikely to alter the downward structure on the 15-minute cycle. It is advisable to wait cautiously for signs of a trend reversal before considering low-level buying. A conservative approach would be to take a light long position at the lower end of the range, with strict stop-loss protections below 3620. The primary recommendation is to remain predominantly on the sidelines in the short term.
Used Model
gpt-4.1
Prediction Date
Aug 07, 2025 02:56
Prediction ID
binance-ethusdt-15m-forecast-2025-upd2233
Disclaimer: This prediction is for reference only and does not constitute investment advice. The cryptocurrency market is high-risk; invest with caution. Past prediction results do not guarantee future performance.