Binance ETHUSDT 30m Trend Prediction

From the 30-minute candlestick chart, ETHUSDT has experienced a continuous decline with large bearish candles; increased trading volume indicates active selling by the bears. The lower band of the Bollinger Bands has been breached, percent_b is negative (-0.03), and the bandwidth remains high, indicating an extremely one-sided short-term trend with no signs of stabilization, making further downward movement likely. All moving averages are acting as resistance; the current price is below all moving averages, with no support levels, and the absence of a trend reversal signal suggests limited potential for a short-term rebound. MA5 and MA10 are close to the current price but continue downward. RSI, MACD, and KDJ indicators all show extreme weakness concurrently, especially RSI which has repeatedly hit new lows, with no clear signs of reversal in the short term; bearish momentum dominates. The DMI indicates that the bears are significantly stronger than the bulls, with ADX above 40, signifying a very strong trend, and the decline has not yet exhausted itself. The funding rate remains negative, indicating that major capital is favoring short positions, suppressing any potential rebound. Based on exchange active buy-sell ratios and long-short ratios, although long positions are greater in number, their trading behavior is defensive. Short-term accounts are highly susceptible to liquidations, and the bears are continuously active. Overall judgment suggests that ETHUSDT is likely to continue the bearish trend within the next 30 minutes, potentially declining to the 3730-3770 range. It is recommended to wait and observe or to follow the trend and go short. If the price breaks below 3730, watch for strong bullish support; otherwise, there may be a further decline toward previous lows. Trading advice: Follow the trend and primarily short; place stop-losses above 3790 (the previous resistance level of the moving averages). Do not consider contrarian bottom-fishing at present. Only consider entering long positions after clear reversal signals at low levels.