Binance ETHUSDT 1h Trend Prediction

Based on the latest candlestick data and Bollinger Bands indicator, ETHUSDT's current price is situated between the middle and lower bands of the Bollinger Bands, without breaking above the upper band, indicating a clear market consolidation feature. The MACD indicator currently shows a negative histogram, with the DIF line continuing below the DEA, presenting a slight bearish signal; however, the magnitude is not large, implying that bears are slightly dominant at present but not to an extreme extent. The short-term RSI oscillates around a neutral but slightly weak zone, indicating that buying momentum is not strong and that energy has not seen a rapid recovery, thus the short-term market risk remains neutral. The KDJ indicator shows short-term momentum in a correction phase, with the J-value subdued, suggesting limited downside space but also a lack of strong upward push. Active buy/sell ratios and large account holder data suggest that the main force remains bullish, but general retail investor sentiment is not excessively extreme; therefore, a one-sided breakout is unlikely in the short term. Current support levels are in the 3550-3580 range; if this support is broken, subsequent fund reactions should be observed; otherwise, the price is likely to fluctuate around 3580. In a consolidation pattern, it is recommended that short-term traders maintain a light position, repeatedly trading within support and resistance zones via T+ strategies; chasing highs or picking bottoms is not advised. If a short-term breakout above 3620 accompanied by effective volume expansion occurs, consider increasing long positions; otherwise, wait for a correction before deciding on the direction.