Binance ETHUSDT 4h Trend Prediction

By analyzing the current market data, ETHUSDT appears to have entered a consolidation zone. Although the Bollinger Bands have broken above the upper band, it may face upward resistance. The MACD indicator shows strong momentum, but the RSI is approaching the overbought zone, not yet confirming a clear upward trend. The large traders' holdings being predominantly bullish indicate a market leaning toward a long position, but the proportion of accounts suggests the market may lack conviction. Trading volume indicates a certain level of market participation, yet remains stable and lacks clear breakout momentum signals. Given the overall bullish market sentiment but with multiple indicators showing a need for correction in the short term, a moderate wait-and-see approach is currently recommended. If the price retraces to the support zone around 4300 and is supported, it can be considered to enter long positions. The operational suggestion is to wait for price confirmation of support before making entry decisions, while emphasizing risk control, avoiding chasing long positions at high levels, and setting stop-loss orders as needed.