Binance ETHUSDT 1h Trend Prediction

ETHUSDT has demonstrated a clear upward trend in the recent phase, but current pullback pressures are evident. The candlestick chart indicates signs of a temporary top, with the Bollinger Bands percent_b below 0.3, and the price situated in the mid-lower band, suggesting a period of consolidation or correction. The MACD indicator shows a death cross, with short-term moving averages crossing downward. The overall trend exhibits oscillation without a clear unidirectional move, indicating a deceleration in momentum. Oscillator indicators such as RSI and KDJ are in oversold territories, implying short-term rebound potential. However, insufficient bullish volume suggests limited upward movement, with the market likely to fluctuate within a range. The long-short position ratio and major player holdings continue to show a bullish dominance by the main market participants. Combined with funding rate stability and a low active trading ratio, market participants mainly adopt a wait-and-see approach. In the short term, significant surges or crashes are unlikely. Key support levels are around 3550; if broken, attention shifts to the S1 zone, although downward space appears limited. Resistance is observed at approximately 3620; a short-term pressure zone. Trading within the range for high sell and low buy is advisable. Operational strategy should focus on range-bound trading within 3550-3620, with high sell near resistance and low buy near support. Position adjustments upon breaking extreme points should be considered carefully, as chasing rallies or selling off in panic carries considerable risk. Overall risk remains manageable. Short-term investors are advised to focus on support and resistance zones, and wait for market volume anomalies or indicator recovery before initiating trend-following positions.