Binance ETHUSDT 4h Trend Prediction

According to the 4-hour candlestick chart, ETHUSDT has been steadily declining from the recent high points, gradually breaking various support levels. The current price has approached the previous low range, with potential testing of the prior low (2950-3030 range). The candlestick pattern shows a stepwise downward trend without a clear rebound structure. The Bollinger Bands width has narrowed, but the price is near the lower band, with the middle band at 3138 already broken. The upper band remains well above the current price, indicating no rapid reversal conditions. The percent_b is only 0.085, suggesting there is still room for the price to decline further. The MACD has experienced multiple dead crosses across several periods, with no significant increase in volume, implying that bullish market sentiment is weak. Both RSI and KDJ indicators are in oversold zones but continue to decline, indicating extremely weak short-term bullish momentum, which may lead to short-term rebounds rather than substantial reversals. DMI and ADX indicators show a strong current trend, with no signs of trend weakening under the dominance of bearish funds. The moving averages are clearly arranged in a bearish configuration, and the price currently lacks the strength to break through key moving averages. No signs of rebound or recovery are evident at this time. Exchange data shows that long positions (large accounts/holders) constitute a high proportion, but the ratio of active buying to selling favors the bears, indicating that the longs have yet to establish an effective offensive. The market is likely to continue downward in the short term until it finds support at the lower band (2950-3030). If trading volume increases and price declines toward around 2950, attention should be paid to signs of short-term stabilization and a rebound. Otherwise, if trading volume remains subdued, the price range is likely to continue oscillating between 2950 and 3030, seeking a bottom. Short-term trading is not advisable for shorting; traders should wait for oversold rebound signals. Trading strategy: Bears should gradually take profits and wait for stabilization, avoiding aggressive short entries. Bulls should monitor whether a bottom signal forms around 2950 before considering building positions in stages, with strict stop-loss measures to control risk.