Binance ETHUSDT 4h Trend Prediction

ETHUSDT is currently in an obvious correction phase. The 4-hour candlestick chart has broken below the short-term moving average system and is rapidly approaching the lower Bollinger Band. The RSI across all periods is significantly in the oversold zone, indicating a lack of short-term rebound momentum. Additionally, the MACD is extremely weak, with a clear dead cross that is intensifying, suggesting an acceleration of the bears. The KDJ indicator lines are all depressed, with the J value at an extremely low point, indicating a complete dissipation of momentum. This typically signals ongoing bottom-finding rather than an immediate rebound. Although the price is not far from the lower Bollinger Band, if no new funds enter the market to support it, the probability of a short-term breakdown is higher. The support levels S1 and S2 are at 4205 and 4064, respectively, indicating a downward extension in the short term. The active buy-sell ratio is relatively low, reflecting insufficient market enthusiasm for chasing gains and overall weak sentiment. Coupled with large traders maintaining high long positions, there is pressure from previous highs causing potential trap scenarios. ATR and DMI indicate that volatility remains moderate, but bears are currently in control. Without sudden positive news, the market is prone to inertial decline going forward. Based on a comprehensive assessment, if the price cannot recover the key 4600 level within the next 4 hours, it is expected to continue oscillating downward. Attention should be given to support in the 4400-4490 range; losing this support could lead to a further test of 4200. Trading suggestion: Primarily follow short positions, closely monitor support levels below. If the price falls below 4400, consider adding to short positions. During intraday, when oversold rebounds occur, do not blindly bottom fish. Wait for signals from RSI and KDJ to turn positive.