Binance ETHUSDT 4h Trend Prediction

ETHUSDT in the current 4-hour cycle, the candlestick chart shows a continuous decline from the previous high, with recent prices repeatedly converging around 3200, and no volume breakout observed intraday. The Bollinger Bands indicator shows that the current price is near the middle band, with narrowing band width, indicating that the future cycles will mainly be characterized by oscillation. Although the MACD shows signs of a golden cross, the DIF and DEA are still in the negative zone, indicating insufficient rebound sustainability, while RSI6 has entered the overbought zone, making significant upward movement in the short term unlikely. Time is needed to absorb profit-taking. In terms of moving averages, MA5 and MA10 have just turned upward, but MA20, MA50, and MA200 are significantly resisting, indicating that the main resistance remains at higher levels, with initial support at 3055 below. The holdings of large accounts and the long-short ratio are extremely bullish, theoretically indicating a strong environment. However, the market shows clear differentiation, suggesting that major players may be reducing positions at high levels. Investors are advised not to chase high. In the short term, ETHUSDT is expected to fluctuate within the 3150-3260 range, with a possibility of a slight rebound followed by a pullback. Only a volume breakout above the Bollinger Band upper band would confirm the formation of a new trend. Trading operations should primarily focus on range trading, with appropriate buying on dips. Stop-loss should be set below 3055. If price breaks above 3260, secondary resistance levels (around 3290) should be monitored. Currently, the market is not suitable for heavy long or short positions in the short term. Control position size, monitor funding rates and position changes. If the market quickly rises with volume, a reassessment of bullish strength is necessary. No significant breakthroughs are expected within the 4-hour cycle; oscillation will be the main trend.