Deepredict
Sideways
Confidence Level: 65%
Target Price
3595-3650
Mark Price
3615.38
Actual Price
3633.19
Prediction Result
The current market is in a consolidation trend; the Bollinger Bands indicate that the price is near the lower band, providing support. The MACD continues to show a downward signal, indicating a predominantly bearish short-term market sentiment. The RSI approaching the oversold region suggests a potential short-term rebound, but the momentum is weak, with a strong inclination to wait and see. Although the large traders' position data lean towards long holdings, the ratio of long to short accounts is relatively low, reflecting cautious investor sentiment. Market trading volume has not increased significantly, indicating insufficient current momentum; the price may fluctuate within a range. It is recommended to observe the fluctuations between the support level at 3595 and resistance at 3650. Pay close attention to the development of MACD and RSI to guard against false breakouts.
Used Model
gpt-4o
Prediction Date
Jul 23, 2025 15:04
Prediction ID
binance-ethusdt-1h-forecast-2025-upd1779
Disclaimer: This prediction is for reference only and does not constitute investment advice. The cryptocurrency market is high-risk; invest with caution. Past prediction results do not guarantee future performance.