Binance ETHUSDT 1h Trend Prediction

Analysis of the 1-hour candlestick chart indicates that ETHUSDT maintains a strong upward channel. Following a breakthrough of the previous high, there has been an inertia-driven rally, with significant institutional capital promotion. The Bollinger Bands width is moderate, with prices operating in the mid-to-upper range. No sharp narrowing is observed, suggesting short-term bullish momentum remains. The Percent B indicator shows room for expansion, with resistance primarily located near the upper Bollinger Band around 3697-3700. Although the MACD indicator is negative, the DIF line is rising, and the DEA has not yet crossed downward, indicating short-term bottoming and rebound signs. The RSI and KDJ indicators are in healthy ranges, neither overbought nor oversold, supporting market capacity for further short-term advances. From a capital perspective, large institutional investors hold a high long-short ratio, with strong dominance by major players. Recent 24-hour volume and turnover are excellent, indicating good market liquidity. Current support levels are relatively distant (near 2930-2902), but the bullish driving force is very strong. In case of retracement, support may be found at the MA10/MA20 (around 3595-3608). If momentum remains strong, the price could directly challenge the upper Bollinger Band and previous highs. Overall, it is projected that ETHUSDT will maintain a predominantly bullish upward pattern within the next hour, targeting the 3640-3700 range. Short-term risks include potential pullbacks after rapid rises and signs of trend reversal following major upward pushes, but bullish momentum still holds a dominant advantage. Operational suggestion: Consider buying the dip during upward swings, with strict stop-losses for chasing longs. Set defensive stops near the Bollinger middle band or below the MA20 (around 3590).