Binance ETHUSDT 30m Trend Prediction

Following a sustained upward trend over several periods, ETHUSDT experienced a notable pullback; the current candlestick chart shows a near-top rallying reversal after oscillating at the peak. The Bollinger Bands indicator indicates the current price has approached the lower band, with no significant rebound, suggesting further downside potential. The MACD has experienced a clear death cross with increasing bearish momentum, and no signs of recovery are observed. The short-term RSI across all periods has entered the severely oversold region; a weak rebound may occur in the short term, but the overall trend remains difficult to reverse. The J line of the KDJ indicator is at a severely low level, indicating that momentum has been exhausted; however, no bullish divergence has formed, so the probability of further bottom-finding in the short term remains high. Although the long and short capital flows show a bullish advantage, trading volume and active buy-sell ratios do not indicate a significant increase in buying pressure; the market remains dominated by a bearish outlook under a stockpile competition scenario. The first support zone is located between 3,650 and 3,725 (below the Bollinger lower band and the 20-period moving average); should the price break below this level in the short term, it will seek further support at S1 (3,536.08). Trading suggestion: In the short term, avoid bottom fishing; wait for the price to reach the support zone and confirm a signs of stabilization before entering positions. Currently, do not recommend going long; it is advisable to control risk, maintain a neutral or short position, with a stop-loss set above 3,760. Overall assessment: The 30-minute cycle continues to decline, with a higher probability of further decline than stabilization or recovery. If the price can hold above 3,720, observe for potential rebounds further.