Binance ETHUSDT 1d Trend Prediction

Overall, the ETHUSDT daily chart clearly shows a price movement that is significantly weaker than the medium- and short-term moving averages, with MA5, MA10, and MA20 arranged in a descending ladder pattern, indicating a bearish trend with no signs of rebound. The MACD histogram is expanding in the green, with the DIF and DEA lines declining synchronously, and the KDJ indicator showing a dead cross amid choppy oscillations. Although large funds hold comparatively long positions, the low funding rate and the active buy-sell ratio approaching 1 suggest minimal bullish momentum, increasing the risk of a bullish trap followed by a sharp decline. Multiple RSI periods are relatively low, indicating potential overselling in the short term, but no reversal pattern has formed. Combining this with the Bollinger Bands position, the overall price trend remains downward, with the possibility of further decline toward the lower Bollinger Band (around 3642), or even approaching support level S1 (at 3016). However, given that S1 is relatively distant, the daily price is more likely to oscillate within the middle to lower Bollinger Band range. Volatility and ATR are at moderate to elevated levels, suggesting the possibility of continued amplitude expansion in the near future. The short-term outlook is initially weak, then stabilizing, with a tendency to break below previous lows followed by a weak rebound. It is recommended to adopt a cautious stance at high positions, avoiding chasing gains. If there is a short-term rebound, it is advisable to reduce positions upon rallies. Aggressive short positions can be set with a stop around the 3920-3970 zone, targeting a decline to the 3640-3800 range. If support levels are broken, watch for stronger support at 3000-3200. The overall head pattern in the technical analysis has not been fully absorbed, and market activity remains cautious. The expectation is that the 1-day timeframe will mainly exhibit a weak oscillation, with prices trending slightly downward in search of support.