Binance ETHUSDT 30m Trend Prediction

Comprehensive analysis of ETHUSDT's current technical and capital data indicates a strong continuation signal for the upward trend. The price has broken through the previous consolidation range and entered a new upward phase. Technical indicator perspective: Bollinger Bands are expanding with the price approaching the upper band but not reaching extreme values; MACD has experienced a golden cross and continues to strengthen; all periodic moving averages are arranged in a perfect bullish order. RSI, although at a high level, remains within a reasonable range, and the KDJ indicator shows that bullish momentum continues to be released. Trend strength analysis: ADX stands at 61.19, indicating an extremely strong current trend. The large gap between DMI+ and DMI- demonstrates that bulls hold an absolute advantage, making short-term trend reversal unlikely. Capital support: The large traders’ long-short positioning ratio of 2.75 and account count ratio of 2.21 both strongly favor longs, while the active buying and selling ratio of 1.31 indicates active buying pressure. Although the funding rate is positive, it is low, suggesting good cost control among bulls. Price target analysis: Next resistance is at 3650-3680, corresponding to technical levels and integer margins. Given the current strong trend, a breakout is highly probable. Support levels are at 3580-3600, near MA5 and the middle line of the Bollinger Bands. Operational suggestion: It is advisable to go long at 3620-3630, with targets at 3650-3680. Place stop-loss below 3580. Considering the trend strength, a trend-following strategy can be employed, but caution is needed due to high RSI risk levels. Risk warning: Although the technical outlook favors bulls, the RSI is at a relatively high level. Short-term correction risk should be monitored. If the price drops below 3580, it may enter a correction phase. Position sizing should be controlled and reasonable stop-losses set. From candlestick pattern analysis, the price experienced a clear V-shaped reversal followed by an ascending channel, with volume supporting the movement. The current phase is a continuation after a breakout, with a high probability of maintaining short-term strength.