Binance ETHUSDT 2h Trend Prediction

Currently, ETHUSDT is fluctuating within the middle to lower bands of the Bollinger Bands, showing no obvious upward or downward trend. The MACD indicator is in the negative territory, indicating some weakness in market adjustment, but a clear death cross has not formed. The RSI indicator shows an oversold condition and is awaiting recovery; the MACD and KDJ indicate sideways characteristics, and the market may continue to consolidate in the near term. The large traders' long-short position ratio leans toward bullish, but combined with the account count ratio and current technical indicators, market sentiment is mixed, and a correction may occur to relieve overbought pressures. Based on a comprehensive analysis of current market data and technical indicators, ETHUSDT in the 2-hour cycle may continue to maintain a sideways trend, with a target price range of 3700 to 3780 USDT. It is recommended to mainly adopt a wait-and-see stance at present, waiting for clearer technical signals before executing trades. Stop-loss and take-profit settings should consider market volatility risks, and avoid entering aggressive positions when no clear trend has emerged.