Deepredict
Bullish
Confidence Level: 80%
Target Price
3764-3858
Mark Price
3734.86
Actual Price
3744.79
Prediction Result
Currently, all technical indicators in the ETHUSDT market support an upward expectation. The upper band of the Bollinger Bands has not been significantly breached, suggesting the potential for further upward movement. The positive momentum of MACD is increasing, with divergence between dif and dea, indicating a classic bullish pattern. RSI, particularly RSI12 and RSI24, indicate the market remains in a strong bullish zone. Although there are signs of overbought conditions, they have not reached extremes. Moving averages are aligned in a bullish pattern, with MA5, MA10, and MA20 arranged sequentially upward, indicating continued short-term bullish outlook. Market sentiment indicators show bulls are dominant, especially with large institutional investors investing more in long positions, indicating a high confidence in future price increases. Current support level is at 3635.0, while the nearest resistance is at 3764.08. From a technical perspective, there is a potential to break through resistance and move higher. Overall, the ETHUSDT is trending bullish in this cycle. It is advised to monitor resistance level breakthroughs closely, while maintaining moderate caution during the upward move to manage potential short-term volatility. Stop-loss can be set below support levels, with target price range between 3764 and 3858.
Used Model
gpt-4o
Prediction Date
Jul 24, 2025 18:37
Prediction ID
binance-ethusdt-30m-forecast-2025-upd1818
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.