Binance ETHUSDT 30m Trend Prediction

From the candlestick chart trend view, ETHUSDT shows obvious signs of a correction after surpassing the high around 4050. The current price of 4029.94 has broken below the short-term moving average support, indicating a technical correction pattern. Bollinger Bands analysis shows the price is in the upper-middle band region, with a bandwidth of 0.036505, relatively narrow, suggesting a potential reversion towards the middle band at 4013.97. The current Bollinger Band percentage of 0.604592 indicates the price still has room to decline. The MACD indicator shows a clear technical signal: the DIF line at 29.54 is below the DEA line at 33.24, forming a death cross, and the MACD histogram of -7.40 is negative, implying that short-term bullish momentum is weakening and adjustment pressure is increasing. The KDJ indicator indicates a significant oversold signal: K value at 35.44, D value at 53.01 are both in the lower region, especially J at 0.29, indicating an extreme overselling state; however, this also hints at a possible technical rebound. The RSI indicator shows divergence: RSI6 at 29.51 is in the oversold zone, while RSI14 at 67.59 remains high; this divergence often suggests a potential rebound after a short-term correction, but the current phase is mainly correctional. Moving average system analysis: the price has broken below MA5 and MA10 but remains above MA20 (4013.97), with a likely test of MA20 support. MA50 (3949.11) and MA200 (3744.31) provide stronger support. Market sentiment analysis: the active buy-sell ratio of 0.8398 indicates relatively strong selling pressure; the number of long and short positions ratio of 0.8235 suggests retail traders are leaning towards bearish sentiment, although large accounts hold a bullish share of 3.1256. Short-term correction pressure still exists. Support and resistance analysis: there are no obvious resistance levels, but S1 support at 3645.78 is noted. The price is expected to find support after testing the 4000-3950 area. Volume analysis indicates a recent increase in volume during rallies followed by a volume shrink during the correction, consistent with typical technical correction characteristics. Comprehensive judgment: focus on the support at 3950-4000; if there is a stable rebound, consider buying on dips with stop-loss near 3920. Short-term targets are towards a rebound to the Bollinger Band middle line at 4013.97.