Binance ETHUSDT 4h Trend Prediction

Currently, the 4-hour chart for ETHUSDT shows a strong retracement, with the price continuously approaching the lower Bollinger Band and losing support of all short- and medium-term moving averages (MA5, MA10, MA20 are all above the current price), indicating significant technical resistance in the short to medium term. RSI6 is in extreme oversold territory, reflecting an extreme panic sentiment, but there has been no clear increase or decrease in volume to confirm a reversal signal; the primary bullish funds have yet to intervene to stabilize the market. The MACD green bars continue to enlarge, with DIF-Dea steadily declining, suggesting that this correction is not yet over. Without any unexpected positive news, the probability of continuing the 4-hour weakness remains high. The J value of the KDJ indicator is nearly at bottom, but the downward movement of K and D has not converged, and the current market sentiment still favors bears, indicating the rebound potential may be weak. From the DMI trend alone, the +DMI and -DMI are distinctly divergent, and the ADX is in a strong trend zone, confirming the dominance of a bearish trend. Although the bullish and bearish account ratios are significantly divergent, combined with actual market transactions, active buying and selling, and large-scale investor behavior, it indicates that this decline is mainly driven by profit-taking and continued exit of large funds, exerting downward pressure. The recent trend for ETH as a whole has shifted to a volatile downward movement. The support zone below 3580-3650 remains crucial; if this area is broken, it will test lower support levels (previous low or S1 at 3029). Trading advice is to temporarily refrain from opening long positions, and only consider entering after the price reaches the target zone, shows signs of a bottom, or a volume-price reversal signal appears. Risk-tolerant traders may attempt light short positions targeting around 3580, with appropriate stop-loss measures below. Funding rates have turned negative, reflecting increased cost pressure on long positions, indicating high risk in short-term long trades.