Deepredict
Bearish
Confidence Level: 75%
Target Price
4250-4300
Mark Price
4319.78
Actual Price
4324.01
Prediction Result
ETHUSDT is currently within the lower band of the Bollinger Bands, indicating a market expectation of further downward movement. MACD is continuously declining, with the negative values of DIF and DEA deepening, reflecting a strong overall bearish force in the market. The RSI indicator shows considerable short-term pressure; although in the oversold zone, it lacks rebound momentum. From the long-short position ratio, market sentiment favors the bulls, but it has not been able to provide support for the price. It is recommended to adopt a wait-and-see approach in the short term, pending market confirmation of support zones before taking further action. One can look for entry opportunities within the lower volatility zones indicated by ATR.
Used Model
gpt-4o
Prediction Date
Aug 29, 2025 14:49
Prediction ID
binance-ethusdt-6h-forecast-2025-upd3046
Disclaimer: This prediction is for reference only and does not constitute investment advice. The cryptocurrency market is high-risk; invest with caution. Past prediction results do not guarantee future performance.