Binance ETHUSDT 4h Trend Prediction

Comprehensive technical indicator analysis indicates that ETHUSDT is currently in a clear downtrend. The price has significantly retraced from over 4700 to around 3171, with a decline of more than 30%, and is presently testing the key support level near 3055. From Bollinger Bands analysis, the price has approached the lower band, but the percentage is only 0.209, indicating there is still potential for further downward movement. The bandwidth of 0.165662 suggests moderate volatility, and the price may consolidate in a range near the lower band. The RSI indicator group is generally low, with RSI12 at only 31.77. Although close to the oversold area, no clear oversold rebound signal has yet been formed. Historical experience shows that ETH's RSI needs to drop below 30 and display divergence to trigger an effective rebound. The MACD indicator is in a deep negative zone. Although recent MACD histogram bars have narrowed slightly, DIF remains below DEA, with a complete death cross pattern, making a short-term golden cross reversal unlikely. The moving average system shows a bearish alignment, with the current price trading below MA50 (3411.93). The next significant support level is near 3055 (close to the S1 support). If this level breaks, further decline toward the 3000 integer level is possible. Exchange data shows that although the large order long-short position ratio of 2.7267 indicates institutional preference for longs, the active buy-sell ratio of 0.9185 suggests current selling pressure exceeds buying pressure, implying market sentiment is cautious. Volatility data shows ATR at 103.91, indicating significant recent market fluctuations, suitable for short-term trading. The DMI indicator clearly confirms a dominant downtrend, with an ADX value of 25.98 indicating a moderate to strong trend strength. In the next 4 hours, ETH is expected to continue testing the 3055 support level. If this support is broken, targets are in the 3000-3050 range. If support at 3055 holds, a rebound towards 3150-3200 is possible, but the overall trend remains biased downward. It is recommended to monitor the key support at 3055; a break below suggests a short position, while a bounce to 3150-3200 warrants partial profit-taking or shorting.