Binance ETHUSDT 1h Trend Prediction

ETHUSDT has experienced a sustained upward movement, with the current price near the middle to upper region of the Bollinger Bands midline; the price has not broken above the upper band, indicating a short-term lack of breakout momentum. The MACD histogram is negative, suggesting short-term downward correction potential; the DIF and DEA lines are moving downward, temporarily losing trend direction; RSI across multiple periods is approaching oversold levels, but there are no extreme formations, indicating limited short-term space. The KDJ indicator shows a correctional oscillatory pattern, with the J value slightly below K/D; this suggests the market lacks momentum for a short-term rebound and the probability of choppy sideways movement increases. Large institutional positions are quite high, with an increase in the number of large accounts holding long and short positions, but the active buy/sell ratio and the ratio of ordinary accounts have not increased in tandem; this indicates only a small amount of large funds attempting to push the price higher, and the main force has not fully mobilized. Support level S1 is far below the current price (2930.99), with no clear short-term lower support reference; therefore, an overall consolidation around the middle Bollinger Band in a narrow range is expected. Trading volume remains stable, volatility is normal, and the market has not shown signs of severe divergence, making a choppy sideways trend more probable. Comprehensive analysis suggests that ETHUSDT has a short-term oscillating but mildly bullish tendency; however, the bullish momentum is weakening. For the next hour, focus on the range of 3550-3640. If volume-driven rises appear during trading, pay attention to the upper Bollinger Band and resistance above 3600. Breaking above 3640 could signal a shift to bullish; falling below 3550 warrants caution for further pullback risk. Currently, a range-bound approach of buying low and selling high in a narrow consolidation is recommended.