Deepredict
Bearish
Confidence Level: 82%
Target Price
3560-3620
Mark Price
3695.84
Actual Price
3683.45
Prediction Result
ETHUSDT has shown signs of a trending decline over the past several periods. All key technical indicators (MACD, RSI, KDJ) are fully in oversold or bearish crossover states, especially with the MACD green bars widening, indicating a clear downward channel. The current rebound is extremely weak. The width of the Bollinger Bands has narrowed, but the current price has already approached or even near the lower band, with percent_b at only 0.006, making further decline or piercing below the band highly likely. In the short term, there is a lack of effective support, and although volatility and ATR are at low levels, they do not support a substantial rebound; any rebound will be constrained by the prevailing downtrend. Trading volume shows little change; sentiment indicators such as buy/sell ratios and negative funding rates both lean bearish. Although large traders are attempting to bottom fish, the market has not reached extreme panic levels. Under divergence, the momentum for bottom fishing is being continuously depleted. Overall funding conditions do not support a reversal. The short-term moving averages (MA5: 3750.2, MA10: 3783.8, MA20: 3791.1) are all declining and are significantly above the current price, exhibiting a typical bearish alignment. The upward momentum is very weak, and short-term gains are unlikely to be sustained. It is expected that the 4-hour timeframe will continue to oscillate and weaken, with a target range of 3560–3620. If local rebounds are unsustainable, the price will still test the support level at the round figure of 3600. Should a volume-driven break occur, caution is advised as it could accelerate the decline towards S1. Practical trading suggestions primarily include selling on rallies and avoiding long positions. For short positions, consider incremental entries, with stop-loss settings around 3730–3750 (the MA5 resistance zone), and take profits at 3600 or below, near support zones.
Used Model
gpt-4.1
Prediction Date
Aug 01, 2025 00:24
Prediction ID
binance-ethusdt-4h-forecast-2025-upd1990
Disclaimer: This prediction is for reference only and does not constitute investment advice. The cryptocurrency market is high-risk; invest with caution. Past prediction results do not guarantee future performance.