Binance ETHUSDT 4h Trend Prediction

Currently, ETHUSDT is in a weak oscillating downward phase, with the 4-hour candlestick chart showing continuous bearish candles. The price repeatedly probes the lower band of the Bollinger Bands, yet no clear sign of a trend reversal has emerged. The MACD remains in a death cross, accompanied by an RSI at an extremely low level across the entire cycle, indicating that short-term capital inflows have not yet sustained, with a high probability of slight downward pressure and attempts to test lower support levels. The J value of the KDJ indicator has notably fallen below key levels; historical backtesting shows that such a pattern often entails an inertia-driven additional decline phase. The MA5, MA10, and MA20 are sequentially compressed downward, suggesting that after a short-term weak rebound, new lows are likely to be formed. In the DMI indicator, the bearish momentum dominates, and the ADX stands above the trend confirmation line, implying that the current downtrend remains valid. Although volatility is not extreme, it still supports the continuation of a downward movement. On-chain data shows an active buy-sell ratio below 1, with both long and short position holdings, as well as account numbers, significantly favoring the bears, especially among major holders whose positions are predominantly short, indicating strong confidence among short- and medium-term traders to sell. The first support zone S1 is at 4205. It is expected that the price may not quickly break below this level in the short term. However, under the main wave suppression, there is a substantial probability of a slow decline toward the 4450-4520 range. If trading volume further increases or the price breaks through S1, attention should be given to the defense level at 4065. In summary, multiple technical indicators are resonating to indicate short-term pressure. It is advisable for investors to wait on the sidelines or cautiously establish short positions, setting appropriate stop-losses, and look for over-sold rebound signals before shifting market stance.