Binance ETHUSDT 1h Trend Prediction

The K-line chart has shown an overall stepwise upward pattern since early July, currently entering a high-level consolidation phase, with short-term momentum significantly depleted. The Bollinger Bands indicate that the price is below the middle band but has not broken below the lower band, remaining within a healthy pullback range of the prevailing uptrend. The MACD indicator shows short-term weakness, with the histogram continuously contracting, reflecting diminishing bullish momentum. The probability of unilateral upward attack decreases; without additional capital inflows, the market is likely to oscillate at high levels. RSI6 and RSI12 are relatively low, indicating short-term oversold adjustments, but RSI14 and RSI24 are neutral to slightly bullish, suggesting the main trend remains intact. It is not advisable to be bearish, but short-term gains may be limited, making new highs difficult to achieve. KDJ is operating at low levels, suggesting that after short-term selling pressure is released, the price may enter a corrective oscillation without clear reversal signals. The proportion of large account holdings and the number of accounts continue to indicate that the bulls are dominant. However, active trading remains cautious, with most bulls waiting for a shakeout to re-enter, and the market currently lacks strong upward momentum. Support is near 3530. If there is a pullback that is well supported, short-term oscillations around 3530 to 3620 are likely, awaiting new signals for guidance. Overall, a cautious stance is recommended, mainly taking high sell and low buy positions within the range. After breaking through 3620, volume should confirm a continued rally before considering additional long positions. A break below 3530 warrants close attention to further decline possibilities.