Binance ETHUSDT 2h Trend Prediction

From the candlestick trend analysis, ETHUSDT has maintained a consolidating upward pattern over the recent period. The price continues to push above all major moving averages, which are exhibiting a bullish alignment. The MACD technical indicator remains bullish, with positive values and no death cross signals, suggesting that after a high-level consolidation, the price is expected to continue rising through oscillation. Although the J value of the KDJ indicator shows signs of short-term overbought conditions, the widened gap between K and D indicates the bullish trend persists. The RSI distribution shows no extreme values, indicating the market is neither excessively overheated nor exhibiting growing downward momentum. The Bollinger Bands indicate that the current price is operating within the mid-upper band region. With expanding bandwidth and increasing trading volume, the upward potential lies within the 3770-3850 range; the primary resistance levels are at the upper Bollinger band and the R1 zone. Regarding entry momentum, both long and short positions as well as large-holder holdings clearly skew toward the bullish side, with concentrated buying interest supporting continued ascent. Funding rates are positive, and although the active buy-sell ratio is slightly bearish, it is not extreme. This suggests some profit-taking has occurred but has not impacted the overall bullish sentiment, which is viewed as healthy market turnover. Risk reminder: The J value is high, indicating a possibility of minor pullback from high levels in the short term; however, the primary trend remains intact. Aggressive traders might consider entering at current prices with a small long position, targeting 3770-3850, and placing stops below 3680 (support zone of MA20 and the middle Bollinger band). If a breakout above R1 occurs, further bullish movement can be anticipated. Should volume and the bullish-bearish data continue to expand, partial profits can be booked in advance.