Binance ETHUSDT 4h Trend Prediction

The 4-hour candlestick chart overall shows a gradual upward movement followed by consolidation at high levels. In recent cycles, prices have fluctuated modestly above the middle band of the Bollinger Bands, indicating a tug-of-war between bulls and bears. MACD shows signs of a bullish crossover; although the DIF remains below the zero line, the bullish momentum is recovering, reducing the risk of a death cross. A technical rebound may occur in the short term. The short-term RSI indicator is not overbought. When combined with the strong oscillation of the KDJ indicator, the market, although dominated by bullish sentiment in the short run, exhibits relatively weak strength. There remains a possibility of retracement followed by another rally. The moving average system has not fully diverged; the MA5/10/20 are relatively flat, with no signs of rapid upward or downward movement. The probability of short-term consolidation within a range is very high, with strong support in the 4300-4350 zone below. Support and resistance structure indicates that there is certain resistance in the 4480-4490 range above. Below, S1 (4112) and S2 (4060) are relatively distant. In the short term, the market is primarily oscillating within the 4350-4480 range. Active buying and selling volume and large holder position ratios suggest a slight advantage for the bulls. However, the difference between bullish and bearish accounts is limited, and overall market funds are in a watchful stance. In summary, it is expected that ETHUSDT will fluctuate within a range over the next 4 hours. If the price breaks out of the range, adjustments can be made based on Bollinger and MA band break scenarios. It is advisable to adopt a strategy of buying the dips and selling the rips, strictly control positions, consider adding to longs near the lower end of the range, and consider reducing or shorting near the upper end.