Binance ETHUSDT 2h Trend Prediction

Currently, ETHUSDT price is closely hugging the lower band of the Bollinger Bands, and the percent_b is below 0.2, indicating a technically oversold condition with further downside risk. The MA sequences are in a bearish alignment, with MA5 clearly below MA200, suggesting the dominant trend continues downward. All periodic RSI levels are below the midline; although there is a slight oversold risk in the short term, no significant rebound signals are observed from candlestick patterns and volume, indicating weak market sentiment, insufficient support, and capital flow tending towards defense. MACD remains strongly in a bearish stance with no signs of reversal. On the exchange level, active buy/sell ratio is below 1, implying short-term selling pressure dominates the market. Despite a high proportion of large accounts being long, the number of accounts shows market segmentation, with main force maintaining some protection against decline but lacking rebound strength. Volatility indicators show narrowed short-term amplitude, with ATR at mid-low levels, suggesting the market is in a defensive stance and likely to oscillate downward. Combining with candlestick chart trends, ETH has surged significantly in recent times, but now enters a high-level consolidation and retracement phase. Volume has not expanded noticeably, and the market lacks new bullish participation. Without any sudden positive news, it is expected that within 2 hours, the price will maintain a weak consolidation and downward trend, with an expected support zone between 4370 and 4480. Overall, the trading strategy should remain cautious and observant in the short term. It is not recommended to attempt bottom-fishing at this point. If the price falls to 4370–4400 within 2 hours, considering low-buying points, a stop-loss strategy should be employed. A break below 4370 would present further downside risk, with strong support at S1 (4160).