Binance ETHUSDT 4h Trend Prediction

Currently, ETHUSDT has been continuously declining within recent cycles, with obvious warnings of Bollinger Band lower band breaches and band width expansion, indicating accelerated downward momentum. Price is only one step away from the lower band, with risks concentrated in the downside zone. MACD bearish momentum is strongly enlarging, with a death cross structure compounded by moving average resistance. The market lacks sufficient buying support, making a short-term reversal unlikely. RSI across all cycles remains below 40, especially RSI12 at only 23, indicating that both short-term and medium-term are in oversold or even imbalance regions. However, recent trading volume shows no signs of bottoming out with increased volume, combined with KDJ at low levels staying flat, suggesting a higher probability of further decline. Although large traders' holdings are biased bullish and the active buy-sell ratio favors buying, the current price continues to set new lows. This indicates that major players may be controlling the market for distribution or engaging in wash trading. After inducing bullish sentiment, they may continue to drive prices down, making it unreliable to trust superficial bullish signals; vigilance for downside risk is essential. The primary support below is at 3055. If short-term declines breach this level, further panic selling is expected. Resistance zones for rebounds are between 3150 and 3187 (MA5 to MA10), which may experience consolidation but are unlikely to see strong upward rallies. Trading volume shows no significant abnormal changes, indicating that overall market sentiment remains cautious, with prices continuing to trend weakly and no signs of strong turnover. In summary, it is assessed that ETHUSDT will mainly decline over the next 4 hours, with a target range of 3055 to 3150. Should the 3055 support be broken, the price may continue to seek new lows, with rebound heights limited during trading. Short-term trading suggestions include following the trend to take light short positions, with a stop-loss set above 3180 and taking profits primarily near the 3055 mark. In case of rapid drops, exit positions promptly to realize gains.