Binance ETHUSDT 1d Trend Prediction

ETHUSDT has maintained a strong upward trend over the past cycle, with the K-line chart showing a rise in medium to long-term bottoms, recently reaching new highs. From the Bollinger Bands perspective, the current price operates in the upper channel with a percent_b of 0.78, indicating potential for a top to be tested. The volatility is moderate, making a sharp pullback unlikely. MACD remains bullish with a golden cross; DIF is above DEA, reflecting sufficient short-term capital inflow and high market enthusiasm. RSI has not entered the overbought zone above 80, nor are there bearish divergences, suggesting the momentum has not yet waned. The moving average system is displaying a healthy bullish conformation, particularly with MA5/MA10 providing good support at the current price. The overall pattern is sustainable. The MA200 lies significantly below the current price, confirming a long-term bullish trend. Large institutional positions and account counts are at extreme bullish levels, with core main funds maintaining dominance, implying ongoing momentum to drive prices higher. DMI and ADX indicate the recent trend strength is acceptable; no severe volatility is observed (ATR at 179, within moderate range), and the macro environment remains favorable for continuation. Support levels remain distant at around 2356, with limited downside space. Attention should be given to short-term potential for consolidation or correction, but the primary trend remains bullish. Overall, it is highly probable that ETHUSDT will continue sideways upward movement in the 1-day timeframe, with expected highs reaching the 4700-4770 range. In case of sudden volume surges beyond resistance, quick adjustment of target levels is recommended. Also, monitor RSI and MACD patterns to prevent false breakouts. Trading recommendation: Maintain long positions aligned with the trend; consider adding on dips during consolidations. Once price breaks above 4700, consider partial profit-taking. A decline below 4550 warrants caution for short-term profit-taking, with strong support zones at 4430-4500. Stop-loss suggested below 4310.