Binance ETHUSDT 4h Trend Prediction

ETHUSDT has been in a strong upward channel over the past four hours, with the price breaking above the upper Bollinger Band, indicating an extremely bullish market with strong bullish momentum. Although there is overbought conditions in the short term, no top signal has been observed. All major moving averages are arranged in a typical bull alignment, reflecting a clearly defined phase of upward trend. The synchronized increase in trading volume further confirms the trend's reliability. RSI across multiple timeframes is in the severely overbought zone, especially RSI6 breaking above 93, which imposes certain restrictions on further bullish development. However, combined with sustained bullish divergence in MACD and KDJ indicators, it is inferred that there is still room for short-term upward movement. MACD has recently reached new highs and continues to expand in volume. The bullish and bearish indicators along with the position ratios show continuous influx of large institutional funds, indicating that the market's main force remains optimistic and bullish. Although short-term overbought signals are evident, the trend indicators have not reversed, and major players have not engaged in profit-taking behavior. With ADX above 45 and DMI+ significantly ahead of DMI−, this demonstrates a very strong directional trend dominated by bullish forces. Price has shown a steady upward wave over the past 400 candles, with resistance levels at around 4690-4750. It is advisable to follow the trend and consider long positions. Risk warning: In case of extreme rapid increases in the short term, profit protection should be monitored. If the price breaks below the MA5 (around 4494) and the middle band of Bollinger (around 4311), caution against a potential pullback in the strong trend is required. Stop-loss can be set around the MA20 level of approximately 4350.