Binance ETHUSDT 1d Trend Prediction

ETHUSDT strongly broke above the upper band of the Bollinger Bands within the recent 1-day cycle, hitting a new high for the phase, indicating persistent capital inflow and robust bullish momentum. Market volume and transaction intensity are densely released, with both trading volume and turnover reaching high levels for the phase. Technical indicators are all bullish: MACD DIF and DEA are expanding, with golden cross persisting and current histogram bars significantly increasing, supporting an upward trend; moving average system is arranged in a bullish manner, with prices consistently staying above MA5 to MA50, confirming a clear main trend. The short-term RSI is in an extremely overbought state (RSI6 > 95), showing the need for a correction, but the medium-to-long-term RSI and other momentum indicators have yet to show clear reversals. The correction space is limited, and the main bullish force remains intact. Short-term pullbacks may be a preparatory step for accelerated upward movement. The J line of the KDJ indicator is expanding at high levels, indicating extremely strong short-term market conditions; large traders’ long-short positions ratio is extremely high, demonstrating unprecedented bullish intent by large players. Unless there is a significant profit-taking pullback, the likelihood of continued short-term upward push remains high. Market sentiment has not shown extreme polarization; active buying and selling are nearly balanced, gradually pushing prices upward. The number of large account holders is also above 1, indicating continued institutional dominance of the market. Risk warning: short-term vigilance against high-level oscillations and technical corrections. ATR and volatility are above average. If higher levels break down, attention should be paid to support at the MA5 and MA20 lines (4230–3830). Currently, the market is dominated by strength, and it is expected that in the next 1 day, the price will continue to surge towards the 4600–4750 range. Operational strategy suggestion: short-term buying in batches is advisable; if the price retraces to the MA5 support, additional positions can be added. Stop-loss should be set below the upper Bollinger Band (approximately 4370). Take-profit targets are set towards the 4750 level. For profits at high levels, a trailing stop-loss should be set to manage sudden pullbacks effectively.