Binance ETHUSDT 4h Trend Prediction

ETHUSDT is currently in the high zone near the upper Bollinger Band, with short-term capital flow and candlestick structure favoring bullishness, but technical indicators are already significantly overbought, indicating strong short-term correction pressure. MACD has not fully transitioned to a bullish mode, still recovering from negative territory; RSI is severely overbought, increasing the likelihood of downward correction in the coming hours. Market structure: large institutional traders are holding strong long positions, but market buying willingness is not very aggressive; the ratio of long to short accounts and large institutional holdings is somewhat skewed toward the long side, yet retail trader sentiment remains cautious, guarding against a possible pullback after a spike. Trading volume remains active, but no explosion volume has appeared at the top; volatility (ATR 65.97) indicates limited oscillation space at high levels. In terms of support and resistance: short-term support is at 3505, with resistance levels at 3635-3674; the current price is near the resistance band, with limited probability of a breakout. The price is likely to remain in a high-range wide oscillation pattern; short-term upward momentum is insufficient; after testing the 3505 support with a correction, there may be repeated oscillations. Operational suggestion: Wait for a clear direction; aggressive traders might consider long positions at 3505-3520; or reduce holdings gradually when approaching 3630-3670 and attempt short positions with strict stop-loss settings.