Binance ETHUSDT 4h Trend Prediction

ETHUSDT has currently broken below short- and medium-term moving averages such as MA5, MA10, and MA20, with the price gravity continuously shifting downward, indicating limited short-term rebound momentum. The space between the middle and lower bands of the Bollinger Bands is relatively large, with the %b at only 0.36, positioned in the lower half zone, suggesting that the price will test the lower Bollinger Band support in the near term. The MACD remains in negative territory with values continuing to expand, showing no signs of trend reversal, and the market bearish momentum is still fermenting. Multiple cycle RSI indicators all remain above 30 but are near the oversold area, indicating weakness without an imminent sharp decline, though there is potential for slight further downward movement. In the KDJ indicator, the J value is only 12.81, indicating extreme weakness, which implies low bullish enthusiasm in the short term and insufficient rebound strength. The DMI and ADX both indicate that the market lacks a strong unilateral trend, but the bears are slightly in control. It is advised to consider shorting on rallies in the near term. The positions of large traders show an abnormally high long-short ratio, warning of the risk of main traders liquidating long positions, potentially leading to a cascade of sell-offs, with increased risk of localized accelerated declines. Current trading volume is relatively medium to high, suggesting that the main players may have completed the turnover, and the short-term volatility risk is increasing with potential downward fluctuation. For the 4-hour timeframe, immediate support levels to watch are the lower Bollinger Band at 4368 and the S1 support at 4060. Resistance is at the overlapping zone of MA20 and MA50 around 4550. Unless there is strong buying from major players, the overall short-term weakness is expected to persist. Short-term short positions can target the 4360-4450 range, with stop-losses set above 4555. Aggressive shorts may consider adding positions on rebounds near MA20.