Binance ETHUSDT 30m Trend Prediction

In the current market environment, the short-term chart of ETHUSDT shows obvious features of a decline, with technical indicators generally indicating a downward trend. The MACD is negative and trending downward, indicating increasing downward pressure, while the RSI indicator is severely oversold, warning of a continued decline risk. The position of the Bollinger Bands shows that the price is near the middle band and has not broken through the upper band, implying a continued risk of downward fluctuation. The number ratio of long to short accounts and the large account holdings both indicate that market sentiment is leaning towards a bearish outlook, which aligns with the current price trend and is validated by technical indicators pointing to further downside space. Trading volume and amplitude within the current timeframe have not shown signs of supporting a price rebound, so the downward trend may continue in the short term. Operational suggestion: Considering risks, a short-term moderate reduction in holdings is advisable. Stop-loss should be set below the lower Bollinger Band to avoid potential further market decline. The target price is around 3740-3760; after confirming support on the pullback, further adjustment strategies can be considered.