Binance ETHUSDT 4h Trend Prediction

From the candlestick trend analysis, ETHUSDT has already experienced a noticeable decline and is currently positioned between the lower band and the middle band of the Bollinger Bands. The Bollinger %B value of 0.19 indicates there is still room for further downward movement. The prevailing bearish momentum makes a rapid reversal unlikely in the short term. The MACD histogram is expanding, with both the fast and slow lines positioned below the zero axis and diverging, showing no signs of narrowing, which suggests the bearish trend is still ongoing. The RSI indicator is in the extreme oversold territory; although a technical rebound is anticipated, it is necessary to observe whether the oversold signals convert into reversal signals. The KDJ indicator lines are moving sideways in a low range, with a J value of 14. Historical experience shows that a very low J value often signals a rebound; however, the indicator continues to display weakness lacking the necessary buying momentum for a significant upward move. The DMI trend indicator favors the bears, with the ADX above 20 confirming the trend's validity. Coupled with increased ATR volatility, this indicates a strong momentum for the market to continue seeking a bottom. The 24-hour active buy-sell ratio and large trader long positions are high but have not triggered a price reversal. The capital structure reveals hidden betting, but the dominant trend remains bearish. The support level S1 at 2943 is crucial; if breached, it could lead to further panic-driven declines. Currently, the price is likely to oscillate within the 2945 to 3005 range while seeking a bottom, awaiting further guidance, with a bias toward continued bearishness. Overall, short-term strategies should involve selling on rallies or waiting on the sidelines. Avoid counter-trend buying and strictly set stop losses. If support at S1 holds effectively, short-term rebounds may be possible; however, the current structure is dominated by bearish factors, and the risk of decline outweighs the potential for a rebound.