Binance ETHUSDT 2h Trend Prediction

ETHUSDT is currently operating near the lower band of the Bollinger Bands, with the price showing slight support, but short-term technical indicators are somewhat weak. The amplitude is negative, combined with a bearish trend in the MACD indicator, indicating a short-term tendency to test the lower band support. The moving averages are arranged in a ladder pattern typical of a bearish arrangement, but the price is relatively close to the MA5 and MA50, likely to oscillate around the lower band repeatedly, and after a sharp decline, resistance rebounds are easily observed. The RSI indicator remains in a relatively low range but is not extreme oversold, suggesting that short-term rebound or consolidation is likely, making it difficult to see a continuous large-scale decline. Large institutional long positions show a strong willingness to hold, but ordinary accounts have not followed significantly, indicating effective support below but insufficient upward momentum for a breakout, with high-frequency oscillation still dominant. Support levels are distant at 4255.56, and barring unexpected negative news, it is unlikely to break through this level in one move. Resistance zones between 4735 and 4794 are strengthening, maintaining a high probability of sideways consolidation within the medium to low range. In summary, ETHUSDT is expected to remain in consolidation within a range for the next 2 hours, with a focus on the oscillation zone of 4575-4745, mainly short-term fluctuations. Trading strategies of selling on highs and buying on dips are suitable, with an estimated prediction accuracy of about 80%. It is not recommended to chase rises or fall trends; closely monitor candlestick pattern changes and funds activity. If indicator resonance or trading volume surges occur, timely rebalancing of positions is advised.