Binance ETHUSDT 1d Trend Prediction

ETHUSDT is currently in a clear bearish trend, with prominent pressure at the lower band of the Bollinger Bands, and the daily K-line has been continuously declining. The price has broken below the middle Bollinger Band, exploring the lower band, and the percent_b indicator is at 0.08, indicating still considerable downward room. From the MACD histogram, although there are signs of a golden cross, it remains in negative territory overall, suggesting a fairly obvious downtrend with limited rebound momentum. The RSI across multiple periods is in the oversold zone; while there may be short-term technical rebound opportunities, the main trend remains bearish. Both volume and funding rate indicate short-term capital flow is biased towards the bearish side. Additionally, the active buy-sell ratio is below 1, implying weak bullish appetite. Large account holdings are high, but the market sentiment remains mixed as shown by the long-short ratio, and the negative funding rate further underscores selling pressure on bullish funds. All KDJ indicators are in the bearish zone, with the J-line at low levels indicating that bullish energy has not effectively initiated. The ADX and DMI data further confirm a strong downtrend, and the volatility indicator (ATR reaching 186.45) suggests short-term significant fluctuation in decline. Support levels S1 to S2 (2367.53–2356.0) are key support zones for the next 1 day, with the price expected to oscillate downward and seek stabilization in this range. Resistance levels are significantly higher than current prices, making effective short-term rebounds and breakouts unlikely. Combining the current candlestick pattern with various technical indicators, ETHUSDT in the near term will predominantly decline. Despite being oversold, the rebound momentum is limited, and bottom fishing is not advised. It is recommended to observe or cautiously take short positions, waiting for the price to dip back to the support zone of 2350–2450 before seeking short-term trading opportunities. If significant stop-loss signals or unforeseen positive market news emerge, moderate attention may be warranted, but risk management remains crucial.