Deepredict
Sideways
Confidence Level: 75%
Target Price
3790-3845
Mark Price
3824.22
Actual Price
3831.68
Prediction Result
The chart shows that ETHUSDT has recently been steadily rising and has entered a sideways consolidation range, having broken through the 3800 integer level but without forming a sustained volume breakout. Trading volume has not significantly amplified recently; coupled with the MACD death cross, the short-term momentum is somewhat weak. The Bollinger Bands are narrowing, with the price operating between the middle band and the upper band. Overall space is limited, and there is no decisive momentum to break above the upper band. Momentum indicators such as RSI and KDJ are in the mid-high range but are showing retracement, indicating short-term gains are being absorbed. The bullish and bearish divergences are increasing, and the direction is still uncertain. Major institutional long positions are dominant, supporting a potential move higher after a short-term pullback. However, retail funds are not following, and the market may choose its direction after digesting profit-taking. Based on technical analysis and order book data, it is expected that in the short term, ETHUSDT will consolidate in the 3790-3845 range at high levels, awaiting the next round of institutional capital to select a breakout direction. In terms of trading strategy, it is not recommended to chase gains or cut losses impulsively. Patience is advised until a clear breakout or a pullback to confirm support (such as a retest of 3800 or even 3750) before establishing positions. Short-term strategies should focus on range-bound high selling and low buying or waiting and observing.
Used Model
gpt-4.1
Prediction Date
Aug 07, 2025 19:11
Prediction ID
binance-ethusdt-15m-forecast-2025-upd2261
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.