Binance ETHUSDT 4h Trend Prediction

Comprehensive technical analysis indicates that ETHUSDT is currently in a clear downward trend. The current price of 4167.72 has fallen below the lower Bollinger Band at 4202.53, indicating sustained strong selling pressure. The RSI indicator is oversold across all timeframes, with RSI6 at only 3.44. Although extreme overselling suggests the possibility of a technical rebound, the likelihood of a rebound remains limited until the trend changes. The MACD indicator is in a deep negative zone and continues to widen, with the DIF and DEA difference reaching -34.10, demonstrating that bearish momentum is still strengthening. The price has broken below all key moving average support levels. From volatility indicators, the ADX at 36.5488 indicates a strong trend; combined with the bearish advantage shown by the DMI indicator, it suggests that the downward trend will persist. Although the long-short open interest ratio is 3.1215, indicating large traders favoring longs, this may reflect trapped long positions. The active trading ratio, with buy-sell operations at only 0.8683, shows selling pressure remains dominant. Support and resistance analysis shows that the key support level below is around 4060 (S1). Falling below this may lead to testing a lower support at 3645.78 (S2). Considering the current extreme oversold condition, a technical rebound or sideways consolidation is expected within the 4060–4200 range. However, the overall trend remains bearish. Trading recommendation: Short near 4200 on rallies with a stop-loss set at 4250, targeting the 4060 support level. If the 4060 support breaks, further downside targets include the 3645 area. Risk tip: The RSI’s extreme overselling may trigger a short-term rebound. It is advised to build positions gradually and strictly control exposure, avoiding chasing short positions.