Binance ETHUSDT 1h Trend Prediction

ETHUSDT is currently in a high-level consolidation phase following a sustained upward rally. The candlestick chart shows a gradual decrease in short-term trading volume, with prices oscillating within the middle Bollinger Band, lacking strong momentum for a breakout. From a liquidity perspective, despite large investors maintaining bullish positions, the proportion of active buy orders has declined, and the number of bullish and bearish accounts indicates the market has entered a wait-and-see state. None of the major technical indicators are at extreme levels. The MACD is in a weak corrective phase, while RSI and KDJ remain in neutral zones. Market sentiment appears cautious and oscillatory, making it unlikely to see a unidirectional breakout in the short term. Currently, resistance above is near the upper Bollinger Band (3696), but the current price is well above the short-term moving averages (MA5/MA20). Support is around 3550, near MA5 and below the Bollinger Bands. Unless there is a sudden surge in large active buy or sell orders, fluctuations are expected to remain within this range in the near term. Short-term traders are advised to wait and see or engage in high-low trading, avoiding chasing long positions or blindly shorting. Focus on the development of supports and resistances within the 3550-3640 zone, and wait for the trend to clarify before taking directional positions. Overall operation points to monitor two key aspects: 1) If falling below 3550, be alert to the possibility of a quick short-term decline, and consider rebounds near MA20 and the lower Bollinger Band; 2) Only if prices break above 3640 with increased volume can a new upward wave be confirmed, in which case one can consider taking a trend-following position.