Binance ETHUSDT 1h Trend Prediction

ETHUSDT after continuous rise, recently trading slightly below the middle band of Bollinger Bands, without breaking through the upper band, indicating weakening of short-term bullish momentum and a pause in upward driving force. MACD dead cross downward, showing weak oscillation with no clear reversal signal. RSI across multiple timeframes remains neutral, lacking extreme sentiment, with a clear wait-and-see attitude. KDJ oscillating at low levels, with J line extremely low, indicating short-term oversold conditions, but without resonance with other indicators, limiting recovery potential. Market active buying and selling ratio below 1, suggesting short-term selling pressure exists. Meanwhile, the ratio of long to short accounts and large holder positions remains above 1.3 and 3.08 respectively, indicating medium-term funds remain net long, and supporting buy orders persist even during pullbacks. Recently, there is a lack of effective resistance reference points below; the most critical support lies in the distant 2930-2900 range. In the short term, there may be high-level consolidation or even oscillation and decline. Overall judgment, ETHUSDT is expected to maintain a high-level narrow-range oscillation with a slightly weak trend over the next hour. It is advisable to adopt a wait-and-see approach, with both short-term bullish and bearish positions waiting for a breakout or stabilization signals after pullback. The forecasted interval is 3520-3630. If the price breaks above the upper band with increased volume or falls below the lower boundary of 3520, the trading direction should be promptly adjusted.