Binance ETHUSDT 30m Trend Prediction

Based on a comprehensive analysis of the current ETHUSDT technical indicators and order book structure, the price has been continuously weakening over the past 30-minute cycle. The MACD is in a significant bearish zone, and there is no evidence of volume divergence or signs of a rebound. Although RSI6 is extremely oversold, the price continues to decline inertially; short-term reversal is only possible if there is a bullish divergence or abnormal volume movement, which has not occurred at present. The Bollinger Bands width is expanding, and the current price has broken below the lower band, indicating a weak, one-sided market trend. All moving averages (MA5, MA10, MA20, MA50) are positioned above the current price, with the short-term MAs aligned in a downward pattern, exerting resistance to potential rebounds. In terms of order book activity, large institutional long positions remain high, suggesting fund attempts to bottom fish. However, no effective price reversal has formed; instead, this situation increases the risk of continued downside movement. Should large holders change their positions, it could rapidly accelerate a shakeout. Trading volume has not seen a significant increase; turnover remains predominantly passive sell orders. Although active buying vs. selling is somewhat skewed, there has been no short-term price rebound prompted by this trend. Support and resistance analysis indicates that the first support S1 is at 3452.79. The short-term price is likely to test S1 downward, with the possibility of extending to S2 at 3428.86. Only a volume-supported stabilization can provide a chance for a correction. From candlestick patterns, the recent cycle's highs are gradually declining, maintaining a downward trend along the moving averages. The short-term strategy suggests a wait-and-see approach. Aggressive short-sellers may consider gradually reducing positions in the 3550–3570 region. If support is broken, watch for signs of stabilization before considering short-term longs. Risk reminder: In cases of extreme oversold conditions, sudden rebounds may occur, rapidly recouping some of the losses. However, the overall structure remains clearly bearish, with no formation of a bottoming pattern. Strict risk control is essential to avoid chasing shorts and encountering short-term rebounds.