Binance ETHUSDT 4h Trend Prediction

ETHUSDT has recently exhibited a fluctuating pattern, with the main upward wave on the candlestick chart slowing down. Currently encountering resistance at higher levels, with an evident sideways movement characteristic. The Bollinger Bands width continues to maintain, but the price is tending toward the midline, indicating an overall sideways consolidation zone. MACD shows signs of short-term adjustment, with the DIF and DEA lines converging. No significant death cross pattern has appeared, making a choppy trend more probable. RSI across multiple periods remains in a neutral range, as short-term profit-taking diminishes and the market awaits new directional cues. The KDJ indicator is currently at the bottom zone, indicating that short-term bearish momentum is weakening but bullish confidence remains insufficient. While main force holdings lean bullish, there is a lack of volume breakout. Exchange-active buy and sell activities, along with position structures, show some main players leaning bullish, but retail traders and overall market sentiment still exhibit a wait-and-see stance. Volume has not expanded significantly, suggesting no formation of a unilateral trend. Volatility and ATR remain relatively high (ATR 53.84), but during a consolidation at high levels, repeated shocks are common. Breakouts from the range require subsequent volume support. It is recommended to monitor the 4-hour cycle for a potential movement within the 3270-3360 range, awaiting follow-up breakout signals. Conclusion: Short-term strategies suggest observing the market. Consider taking action only if the price breaks above 3430 or declines back below the MA20. Focus on range trading, with strict stop-loss and take-profit levels set at the upper and lower bounds of the range. If the price breaks upward, monitor R2/R3 for continuation. If it falls below the range, proceed cautiously with short positions.