Binance ETHUSDT 30m Trend Prediction

ETHUSDT current 30-minute cycle has been retracing from the recent high level for a prolonged period, with the candlestick chart exhibiting dominance of continuous bearish candles, no signs of rebound observed. The Bollinger Bands' current percent_b is only 0.21, indicating the price has consistently hovered near the lower band, lacking strong rebound momentum, with short-term bearish factors still prevailing technically. The MACD is becoming increasingly negative (-13.3), with DIF trending sharply downward and DEA showing no signs of bottoming out, suggesting that the bearish trend has not yet ended. Despite being in an oversold condition, key bottom signals are still not evident. Technical indicators such as RSI series are relatively low, especially RSI6, which is in oversold territory, implying a short-term technical rebound is possible, but overall rebound momentum remains weak. KDJ shows all three lines low, with the J value at an extreme low, indicating some technical consolidation may be needed, yet short-term downward pressure persists. Active buy-sell ratio below 1 indicates weak genuine bullish buying, while large account long positions are accompanied by falling prices, reflecting that bulls are attempting to resist declines but the market is dominated by selling pressure. The moving average system is disordered; MA5 and MA10 have fallen below MA20, and MA50 and MA200 are significantly higher than the current price, indicating a clear bearish trend. Support and resistance zones: The price is likely to test the S1 support level around 3055, but the probability of dropping to this range in the short term is low. Currently, the expected trading range is approximately 3330-3360, with possible further decline after a period of consolidation. Overall, bearish suppression remains strong. It is recommended to observe cautiously or take light short positions in line with the trend, while being alert to potential rebounds that could induce false signals. Any short-term technical rebound is expected to have limited space, with resistance around MA20, and a low likelihood of breaking upward. Trading strategy: Exercise caution when shorting in alignment with the trend. If the price rebounds to the MA10/MA20 zone around 3400-3410 and remains weak, consider shorting gradually, placing stops at the middle band of Bollinger or near the previous high at 3450. Take profits within the range of 3330-3360, monitoring volume changes and capital flows.