Binance ETHUSDT 1h Trend Prediction

ETHUSDT over a 1-hour 400 candlestick period exhibits a strong unilateral bullish trend. The Bollinger Bands are widening, with the current price near the upper band but not breaking through the extreme, indicating room for future volatility. The MACD golden cross and the aligned bullish moving averages provide clear momentum, and there are no significant signs of short-term weakening of the bullish trend. After surpassing historical highs, capital inflow enthusiasm remains high, and the bulls continue to push prices upward. RSI and KDJ indicators show some overbought conditions, suggesting a short-term technical correction may occur. However, due to crowded long positions and sustained large capital support, prices are expected to continue rising after any adjustment. Major accounts' long-short position ratio reaches 2.97, indicating that some large-scale accounts have an accelerated long bias, with strong underlying momentum far exceeding the general market. DMI and ADX trend indicators show divergence reinforcement, indicating that trend momentum has not yet ended. In the short term, if a pullback occurs, the 3620-3650 level will provide some support. Overall, the price is expected to push towards the upper range of 3680-3720. In case of an extreme short-term correction, attention should be paid to the support around the MA10 at approximately 3600. It is advised to hold existing positions following the trend; continue to be bullish as long as the pullback does not break below 3620. Aggressive traders may consider following through after a breakout, but stop-loss measures should be observed. Overall, the bullish trend remains intact, with near-term target prices aimed at the 3680-3720 range. In case of an extreme correction, attention should be on the performance within the 3600-3620 range, and a break below this zone warrants vigilance for a rapid correction trend.