Deepredict
Bearish
Confidence Level: 80%
Target Price
3570-3590
Mark Price
3585.4
Actual Price
3583.57
Prediction Result
ETHUSDT current 1-hour cycle is in a clear downward trend. The Bollinger Bands show the price continuously approaching the lower band, indicating that selling momentum is still releasing, and there are no effective short-term rebound signals observed. The short-term RSI value is clearly in the oversold area, and neither the 12- nor the 14-period RSI shows a rebound, indicating that the weakness persists. The MACD has been negative for an extended period, and the difference (DIF) is gradually diverging from the signal line (DEA), reflecting bearish momentum release. The KDJ indicator lines are operating very weakly, with the J-value reaching a new low, suggesting that significant short-term rebounds are unlikely. The DMI bears a much higher negative value than the positive, and the ADX has entered a strong trend zone, reinforcing the bearish outlook. Although the bullish-to-bearish ratio and large trader positions appear slightly bullish, high-leverage funds often act as 'left-side buyers' during corrective phases, which can contribute to significant unrealized losses among long positions. The large traders' long vs. short position ratio further indicates that major players' selling pressure remains robust. Intraday volume has not shown extreme expansion, suggesting the selling pace is moderate, and panic-driven declines have not yet emerged. There is potential for short-term inertial downward movement. Support levels are imminent; it is expected that the major players will test the S1-S3 support zones within the next hour. If the 3570 level cannot be maintained, further downside risk should be anticipated. In summary, all key indicators collectively favor a bearish trend, and a short-term trend-following strategy is recommended. Aggressive traders may consider a light short entry around 3590–3580, targeting the 3570 level, with stop-loss positions near 3605–3615. Waiting for a turning point signal to re-enter long positions is advised.
Used Model
gpt-4.1
Prediction Date
Aug 05, 2025 15:13
Prediction ID
binance-ethusdt-1h-forecast-2025-upd2189
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.