Binance ETHUSDT 1h Trend Prediction

Short-term ETHUSDT experienced an upward move followed by high-level consolidation. Currently, the MACD, RSI, KDJ, and other indicators all show oversold conditions or sufficient downward momentum release. In the short term, it is expected to oscillate and recover within the 3520-3620 range. From a capital perspective, bullish positions have been continuously increasing. The large trader long-short holdings ratio has reached 3.08, indicating that market capital sentiment is leaning bullish. However, the current price has not continued to push higher, showing a pause around 3550 and some funds taking profits, while bears are resisting. The price is near the lower Bollinger Band (3541.03), with severe overselling (multiple RSI values below 30). Short-term downside potential is limited. It is expected to fluctuate between the middle and lower Bollinger Bands, restoring the imbalance in indicators. In terms of volume, 24-hour trading volume remains high, but the amplitude is moderate, suggesting that bullish and bearish funds have not formed an effective breakout yet and are likely to oscillate within the current range. It is recommended for traders to watch for signs of support and consider going long around 3520-3545, or to place short positions between 3630-3660, awaiting a short-term pullback. The main strategy should focus on range arbitrage, avoiding chasing rallies or panicking during declines. Stop-loss is advised below the lower boundary of 3510. First target profit at above 3620. If the price breaks out of the range, follow the trend accordingly. Risk warning: If a sudden overall market correction or negative news occurs, it is crucial to monitor large trader holdings and strictly enforce stop-loss orders. Overall, technical indicators show a bottoming and oscillating recovery, with expectancies of mainly range-bound fluctuations in the next hour. Sharp declines are unlikely in the short term. It is recommended to adopt a buy-low-sell-high strategy.