Binance ETHUSDT 2h Trend Prediction

ETHUSDT is currently in an extremely overbought zone, with technical indicators (such as RSI, KDJ) collectively warning of a short-term top risk. The upper band of the Bollinger Bands serves as a strong resistance level, with the price repeatedly touching but failing to break through effectively. While the MACD shows a strong golden cross formation, the volume expansion is too rapid, and the fast line has clearly surpassed the slow line, increasing the difficulty of further large-scale upward movement; the short cycle may first encounter a correction before re-accumulating upward strength. In terms of the bullish-to-bearish ratio, large institutional long positions are heavily held, indicating a clear sign of main control, but the active buy-sell ratio is below 1, demonstrating cautious divergence in short-term capital inflow and risks associated with chasing highs. Trading volume continues to increase, yet the price consolidates at high levels, reflecting a rise in profit-taking orders. After a short-term rally, the K-line enters a high-level consolidation phase, accompanied by multiple upper shadows on large candlesticks, indicating resistance to further upward movement. Short-term support levels are monitored at MA10 (4466) and the middle Bollinger Band (4443). Resistance is seen at R1 (4788), but the current space does not support significant upward surges, with expectations that the price will remain in a high-level range of 4450-4600 with sideways oscillation. Market operation suggestions: do not chase the long side; wait for a correction and confirm that support is valid before seeking low absorption opportunities. A sharp rise directly approaching R1 (4788) without volume breakout presents a risk of retracement. If below the Bollinger middle band or MA20, greater short-term adjustment pressure is likely. It is advised to focus on range trading, strictly stop-loss, and prioritize short-term buy low/sell high strategies. Overall, ETH's major trend remains bullish, but the 2-hour cycle shows clear overheating signals, likely leading to oscillations or a retracement to verify support. Safety of funds is paramount, and caution against sudden intra-day pullbacks is necessary.