Binance ETHUSDT 4h Trend Prediction

ETHUSDT has recently exhibited a continuous high-level retracement on the 4-hour cycle, with persistent weak adjustments. The support at the lower Bollinger Band has been frequently tested; currently, the price is approaching the lower band, increasing the probability of a short-term downside break. The MACD remains in a clear downward opening, with abundant bearish momentum showing no signs of narrowing, typically indicating further downside action in the short term. Although the RSI on a 6-period basis is extremely oversold, potentially leading to a brief technical rebound, the RSI on 12/14 periods remains relatively low, without forming a bottoming dulled pattern, indicating a considerable ongoing downward risk. The J value of the KDJ indicator has fallen deeply into the oversold zone. Future monitoring suggests that if the price continues to hover at low levels, there may be opportunities for technical correction. However, the overall main trend still points downward. DMI data shows an apparent bearish trend, with ADX sustained above 25, indicating a certain strength in the downward momentum. Although large institutional holdings are relatively long, active buy orders during trading are limited, and capital has not actively driven a reversal. Support level S1 is at 3505; short-term resistance level R1 is at 4370. If the support at around 4250 is broken, a decline towards 4100 becomes highly probable, possibly even further testing the strong support zone around 3500. In summary, short-term operations should prioritize defense, patiently waiting for signs of stabilization at low levels. Shorting strategies should also be cautious of oversold rebounds. Current positions should be tightly controlled, focusing on the price behavior in the 4100-4250 range to determine whether a bottom has formed. After extreme overselling, if there are signals of very short-term rebounds, small positions can be cautiously used to attempt short-term trades. However, the primary strategy remains to observe whether the price breaks below. Stop-losses should be placed just below the middle or lower Bollinger Bands. Risk warning: If the market experiences sudden positive news or capital shifts, participation in rebounds should include prompt profit-taking and exit strategies. Do not hold large opposite positions against the trend.