Binance ETHUSDT 1d Trend Prediction

Comprehensive technical analysis indicates that ETHUSDT is currently in a pronounced weak adjustment phase. The price at $4031.91 is located within the lower band of the Bollinger Bands, with the Percent B at only 0.349, suggesting the price is operating near the lower band. Multiple RSI indicators show oversold conditions, with RSI14 at 35.17 and RSI12 at 36.91, but no significant oversold rebound signals have yet appeared, implying that downward momentum persists. The MACD indicator has turned fully negative, with the histogram at -41.48, while the DIF and DEA lines are at -104.43 and -83.69 respectively, indicating a clear downtrend and that a strong rebound in the short term is unlikely. The moving average system displays a bearish alignment, with the price below the MA20 and MA50 medium to long-term moving averages, though it is slightly above the MA5 short-term moving average, overall trend remains weak. The long-term MA200 at 3200.39 provides important support. DMI directional movement indicators show bearish dominance, with the DI- at 26.71 notably higher than DI+ at 18.35. The ADX at 22.76 indicates moderate trend strength, supporting a bearish outlook. From candlestick pattern analysis, the price has retraced from the high of over 4500 and is currently in a downtrend consolidation phase. Support levels are at S1 near $2930 and S2 near $2900, with a short-term target range of 3800–3950. Market volume data show substantial trading activity over the past 24 hours, but the active buy-sell ratio is only 1.0037, indicating weak buying pressure. Large holders' long-short positions ratio is 2.18, slightly biased towards longs, but technical pressure is more evident. Risk warning: If the price falls below the $3800 support level, it may further test the $3600–3700 range. It is recommended to set stop-losses near 3950, with a target zone of 3800–3850. For trading strategies, cautious short positions or observing the market are advised, waiting for oversold rebounds before considering layout.