Binance ETHUSDT 30m Trend Prediction

ETHUSDT's current upward momentum is robust, with recent volatility notably increasing. The price surged near 3700 but pulled back, now oscillating around 3600. The upper Bollinger Band has been pierced but immediately retracted, and the Percent_b indicator shows signs of peaking in its upward impulse. Technical analysis indicates short-term overbought conditions with some profit-taking outflows. All momentum indicators such as RSI and KDJ are in strong overbought territory. Combined with capital flow data and large trader positions, this suggests that the upward trend has not fundamentally reversed. However, short-term attempts to push higher are met with resistance, increasing the likelihood of consolidation or correction. The MACD histogram continues to increase, but initial signs of divergence are emerging, implying that even if prices move upward, sustained large-volume surges are unlikely. The market is more inclined toward range-bound fluctuations. Market sentiment remains bullish, though active buying interest at high levels has weakened. Capital flows are diverging progressively, indicating a predominantly consolidative trend. The 60-minute candlestick chart maintains a overall bullish arrangement. Current correction structures are strengthening within the rising trend; the resistance at the top remains effective but lacks momentum for sharp declines. Over the next 30 minutes, prices are likely to oscillate within the 3560-3620 range to digest profit-taking, indicating a neutral trend. Trading strategy: primarily observe or consider high selling and low buying. It is not advised to chase upward moves. If the price approaches the 3560 support level again, consider small long positions; if the rally fails to break 3620, consider short positions to exploit consolidation. Enter positions following a breakout of the range. Set stop-losses diligently to mitigate risks of severe pullbacks at high levels.