Binance ETHUSDT 1d Trend Prediction

Based on the recent 400 daily K-lines, ETHUSDT demonstrates strong upward momentum, with the overall medium-to-long-term trend remaining clearly bullish. Multiple moving averages are arranged in a bullish formation with steep slopes, indicating continuous accumulation by major funds driving the price higher. The Bollinger Bands width is at 0.123, within an expansion area, with the price nearing the upper band. Although the amplitude has slightly contracted, the inertial upward trend persists. The MACD signal is strong, with DIF and DEA divergence widening, suggesting that the capital redistributive phase has not yet ended. In the short term, both RSI and KDJ are in overbought territory. However, considering that large institutional holdings are significantly skewed toward bullishness (major fund long-short ratio at 3.506) and the number of accounts is also notably above 1, funds driven by capital inflow are likely to continue pushing higher in the short term, though caution is advised for potential rapid retracement followed by rebound during intraday corrections. Support and resistance levels indicate no resistance above R1, reflecting a relatively high position historically with limited resistance overhead. Strong support zones below are far from the current price, providing protection against downside risks. Although there are short-term overbought signals in the market, there are no obvious signs of capital outflow. It is recommended to adopt a light position to chase long positions at high levels or wait for minor retracements to add to positions in a trend-following manner. Stop losses can be controlled around the middle band of Bollinger Bands or near the MA20 line. If the main funds continue to push the price higher, there is potential to break through towards 4750-4850 in the next one day. Attention should be paid to the small risk of a brief pullback during extreme market sentiment, but overall, the momentum remains strong.