Binance ETHUSDT 4h Trend Prediction

ETHUSDT is currently in a clear downtrend, with technical indicators all bearish. The price of 4198.09 has broken below the lower Bollinger Band of 4306.92, indicating a strong bearish signal. The RSI indicator is oversold across the board, with RSI6 at only 9.82, suggesting intense selling pressure in the short term. Although the oversold state may trigger a technical rebound, the current dominant bearish trend limits the rebound strength. The MACD indicator shows a typical bearish divergence, with DIF (-48.18) and DEA (-25.07) widening the gap, and the MACD histogram (-46.22) reflecting strong bearish momentum. The moving average system is completely arranged in a bearish pattern, with the price well below all major moving averages. The short-term moving averages MA5-MA20 form a significant resistance zone between 4380 and 4460. In the DMI indicator, the ADX is 30.35, indicating moderate trend strength, but DI- vastly leads DI+, signifying a very clear downtrend. The ATR of 74.68 indicates high volatility. From support and resistance analysis, the first support level S1 below is at 4060, which is a key support zone. If this level is broken, the next support S2 at 3636.78 may be tested. Trading strategy suggestion: Consider a light short position at the current level, with a target price range of 4060-4100. A stop-loss can be set near 4350 (above MA5). Risk warning: Although all technical indicators are bearish, the severe oversold condition of RSI may trigger a short-term rebound. Close attention should be paid to the validity of the 4060 support level. If this level receives strong support and a volume-backed rebound occurs, strategy adjustments are necessary.