Deepredict
Bearish
Confidence Level: 75%
Target Price
3650-3700
Mark Price
3740.36
Actual Price
3747.96
Prediction Result
Based on current market data, ETHUSDT has exhibited a downward trend over the past several periods. The Bollinger Bands are near the lower band, indicating the price may continue to probe for lower levels. The MACD indicator shows negative values and has formed a dead cross, typically signifying robust downward momentum. Although the RSI indicator is in oversold territory, it has not yet shown signs of a strong rebound. The proportion of large holder positions is relatively bullish, but the number of accounts is comparatively low, reflecting market caution regarding short-term price movements, supporting further price decline toward the support zone. Trading volume shows a slight increase, suggesting selling pressure is intensifying, which may push prices further down. Support and resistance levels indicate distant support below, increasing the likelihood of short-term support breakage. Considering the overall downward trend and weak technical indicator signals, short-term trading strategies should focus on reducing or completely liquidating positions, waiting for price to retrace to the support area before further market observation. If resistance cannot be effectively broken, the downward trend may persist in the short term. Trading rationale: ① The MACD dead cross and RSI oversold signals suggest a potential ongoing decline; ② Large holder positions indicate short-term instability, warning of downside risks; ③ The price is nearing the lower Bollinger Band and support zone, recommending a wait-and-see approach or further confirmation. Stop-loss prices are suggested around 3750 USDT, near the recent support zone. This position is below the area of potential price retracement testing and supports overall risk management. The current ETHUSDT 30-minute chart shows strong downward momentum with no clear rebound signs. Traders are advised to wait until a confirmed stabilization or rebound before making further moves and to strictly adhere to stop-loss and position size controls to ensure capital safety.
Used Model
gpt-4o
Prediction Date
Jul 21, 2025 18:50
Prediction ID
binance-ethusdt-30m-forecast-2025-upd1654
Disclaimer: This prediction is for reference only and does not constitute investment advice. The cryptocurrency market is high-risk; invest with caution. Past prediction results do not guarantee future performance.