Binance ETHUSDT 30m Trend Prediction

ETHUSDT is currently in a downward trend on the candlestick chart, with all short-term moving averages aligned bearishly and the current price falling below the 50-day and 200-day moving averages, indicating a typical short-term decline pattern. The Bollinger Bands width is high, and the price is near the lower band, implying that the market has recently experienced intense volatility and still possesses inertia, with market sentiment not yet reversed, posing a risk of continued decline. The MACD and KDJ indicators show synchronized death crosses, reflecting that short-term market momentum is strongly bearish. The RSI at oversold levels without a bullish reversal suggests no strong absorption of selling pressure. Although the large investors' long-short positions favor longs, the active buy-sell ratio is less than 1, and the funding rate is negative, indicating that trapped long positions do not dominate the trend, with bears maintaining control. After inertia-driven declines in both A-shares and crypto markets, a clear oversold rebound indicator is typically needed for a reversal to be confirmed; currently, no technical signs of reversal are observed, and further downside risk must be guarded against. If S1 (3066) is broken in the next 30 minutes, the secondary support zones S2 to S3 (3064.81-2978) become the short-term target range. It is recommended to adopt a cautious wait-and-see approach and avoid rash long entries. In case of a rapid rebound, entry should be considered only in conjunction with volume and buy-side recovery signals. Strategy advice: bulls can wait for the price to stabilize within 2990-3065 and for bullish divergence signals to appear before incrementally establishing positions. Bears may consider small short positions on rebounds, with stop-loss set above 3100. Strict position management is necessary to mitigate risks of sudden extreme market movements.