Binance ETHUSDT 1d Trend Prediction

The ETHUSDT daily chart experienced a pullback and accumulation after breaking through its previous high. Currently, it is leveraging the moving average system to launch a new rally, with the Bollinger Bands' upper-middle band area not encountering significant resistance. The MACD exhibits a standard bullish pattern; the short-term correction has not damaged the overall structure. RSI is within a healthy range, with sufficient short-term chips exchanged, and bullish momentum is re-accumulating intraday. Looking at the bullish and bearish indicators, the active buying and selling ratio approaches 1, indirectly confirming that short-term market transactions are becoming balanced. However, large holders' positions and the bullish/bearish ratio of accounts are extremely skewed towards the bullish side, indicating a strong long signal from the main force. Volatility remains moderate; the ATR indicates the current market has enough room to support an upward trend. The DMI trend indicator also confirms that the bullish trend has not yet ended. From a technical perspective, the main resistance level is around 4957, which is relatively distant. It is expected that after surpassing the 4600 level, there is a higher probability of the price rising towards the 4700-4800 zone in the short term. For risk control, attention can be given to the 4530-4550 area as a short-term support. If this is broken, then switch to a wait-and-see stance. For profit-taking, consider reducing positions in batches at 4800-4900. Overall, considering the recent strong breakout movement of K-line patterns along with technical and holdings data, the long side has a clear depth advantage. It is expected that the bullish trend will maintain strength within the short cycle.