Binance ETHUSDT 30m Trend Prediction

The Bollinger Band's Percent B is below the median, indicating that downward pressure remains. The price is near the lower band of the Bollinger Bands, warranting attention to support zones. The MACD still exhibits negative values, with no significant turnaround signals, suggesting the short-term continued downward trend. The RSI shows the market entering oversold territory, indicating a potential short-term correction, but the overall direction remains bearish. In the moving average system, short-term averages are below long-term averages, reflecting that the price still requires adjustment in the short term. Considering overall trading volume data and funding rates, market acceptance is relatively low, implying a cautious downward trend. The long-short position ratio among large traders indicates that the market has not formed a clear rebound momentum; the bearish pattern persists. High volatility data suggest significant market fluctuations, but overall trading volume has not shown a substantial increase. Based on current market sentiment and technical analysis, ETHUSDT is likely to fluctuate around the support levels of 3700-3680, but the overall trend points downward. The long-term holdings of large traders show strong bearish forces, with selling pressure remaining. It is recommended that investors remain cautious or adopt short-term bearish strategies according to the current trend, and avoid prematurely entering counter-trend positions. If the price breaks below the lower Bollinger Band, attention should be paid to deeper support levels (S1/S2). Risk management is crucial; it is advised to reassess the environment and make decisions after the price reaches support levels.