Binance ETHUSDT 4h Trend Prediction

Based on current market data, ETHUSDT has demonstrated a downward trend over the past 4 hours. The Bollinger Bands' price is close to the lower band, indicating that prices may continue to decline. The negative value of the MACD indicator is increasing, suggesting that bearish momentum in the market is strengthening. Although the RSI is in oversold territory, implying a possibility of a short-term rebound, overall market sentiment remains pessimistic. The long and short positions held by large traders are proportionally high, but the ratio of long to short accounts is relatively low, indicating there is still significant selling pressure in the market. Trading volume has not risen noticeably, reflecting a lack of strong buy signals in market sentiment, which may result in continued pressure. Investors are advised to operate cautiously and closely monitor market dynamics. If the price reaches the 4000 USDT to 4050 USDT range, attention should be paid to potential reversal signs. It is recommended to wait for confirmation of support before placing cautious orders.