Binance ETHUSDT 1d Trend Prediction

ETHUSDT is currently trading above the middle band of the Bollinger Bands, with prices oscillating within the 3587-3740 range, and has temporarily failed to break through the strong resistance at the upper band of 4105. The Bollinger Band width is expanding but the amplitude is recovering, indicating support for consolidation. MACD indicator shows a death cross at high levels followed by decreasing volume and a retracement, suggesting short-term weakness, but the MACD histogram has significantly narrowed, indicating diminishing momentum. Both RSI and KDJ indicators show short-term conditions approaching oversold levels, implying limited downside potential, but upward momentum has not yet re-aggregated. The moving average system remains in a bullish structure, with the MA20 at 3587 forming the lower boundary of the consolidation, and the MA5/MA10 exerting downward pressure on the short-term upward movement. Overall long-term trend remains bullish, with medium- and short-term sideways调整. Whale holdings ratio is notably bullish, indicating that main players have not exited, but the active buy-sell ratio is 0.9520, suggesting limited confidence among speculative traders for short-term direction, with no clear entry or exit signals. 24-hour trading volume and turnover are very high, but active long positions have not yet surged. Both technical and capital indicators suggest ETH is fluctuating within a high support-strong resistance zone, favoring range-bound trading over chasing rallies or panic selling in the short term. Amplitude -6.555 indicates considerable pullback; combined with volatility and ATR data, the next 1-day interval is expected to dip toward 3450 for support and rise toward 3740 encountering resistance, possibly exhibiting an initial dip followed by rebound or sideways oscillation. Trading recommendation: Do not chase the rally at current prices. Wait for clear support around 3450-3500 to consider short-term rebound positions. If support is broken, observe market sentiment; a break below support warrants caution. Aggressive traders may consider short-term profit-taking at 3740-3750. Overall, ETHUSDT is expected to remain in a consolidating and accumulating key zone within the next 1-day period, mainly focusing on swing trading opportunities. Pay close attention to the performance within the 3450-3740 range and volume changes. A volume breakout beyond this zone could signal a new trend initiation.