Binance ETHUSDT 1h Trend Prediction

ETHUSDT is currently consolidating at high levels, with candlestick charts showing high-level oscillations after upward moves. The lower Bollinger Band provides strong support, and no large bearish gaps have appeared. The RSI across multiple timeframes clearly indicates oversold conditions. The MACD bearish momentum is releasing but no significant volume spike or sharp decline signals are observed. The short-term trend remains weak, but panic sentiment is limited. Market depth and large fund indicators show that the bullish structure has not been significantly broken. Large holders still maintain strong positions, with signs of funds hovering and accumulating. However, short-term momentum from trend followers is decreasing, leading to range-bound oscillation. The overall market volatility as measured by ATR remains around 50, indicating moderate amplitude. No new breakout conditions have been formed yet. Based on technical analysis of the 1h chart, ETH is likely to consolidate within the 3520–3620 range in the short term. Attention should be paid to the validity of the 3520 support and the small resistance around 3620. A clearer trend direction will only emerge after market opinions and positions further diverge. Trading advice: Do not chase gains or cut losses at high levels. Buy on dips and sell into strength. Wait for clearer directional signals before re-entry. Use a stop loss below 3520 and take profits near 3620 resistance. Existing long positions should be reduced for risk management; avoid blindly holding large short positions expecting trend continuation. Risk warning: If trading volume suddenly increases significantly along with candlestick breakout of the range, traders should follow the trend and adjust strategies flexibly. Currently, it is advisable to respond mainly with short-term range trading strategies.