Binance ETHUSDT 4h Trend Prediction

ETHUSDT is currently in a continuous downward channel, with the latest quote at 3836.33, approaching the first support level S1 (3822). If the price falls below 3820, the next significant support at 3671 will be tested. The current amplitude is negative, and trading volume has not yet increased, indicating no clear bottom-fishing signals from capital inflows. The MACD remains strongly bearish, while indicators such as RSI and KDJ are oscillating at low levels but have yet to show divergence or reversal signals. Short-term moving averages are arranged in a bearish configuration, suggesting further retracement is still needed. Although the exchange's active buy-sell ratio and long-short position ratio are relatively bullish (buy-sell ratio of 1.253, large accounts' long-short ratio of 2.7442), these may constitute bottom-range battles. Considering the technical indicators, the downward trend has not yet been halted, and short-term longs should avoid impulsive entries. From the candlestick chart, previous breaches above 4200 have repeatedly resulted in downward pullbacks, showing a clear bottoming-out pattern. The lower Bollinger band at 3719 and ATR of approximately 85 points suggest that the main downward momentum has not yet fully exhausted. The current advice is to observe primarily; if the price falls below the support level of 3700, consider gradually entering mid-term long positions. If the 4-hour candle clearly breaks below S1, the next target is S2 (3671). Conversely, if a temporary support prompts an upward rebound, resistance levels are between the MA10/MA20 crossover zone at 3860-3950. Overall, there are no signs of trend reversal. Intraday, bears hold a slight advantage. Caution should be exercised in chasing shorts; wait for a test of support or a sign of stopping the decline before gradually attempting long positions. Risk controls should be placed below 3700 (for example, setting stops at 3680-3650).