Binance ETHUSDT 1h Trend Prediction

The current ETHUSDT price is near the lower Bollinger band, with recent volatility narrowing, and market hesitation increasing. The MACD indicator is negative and diverging, indicating weakening trend momentum; short-term downward space is limited, but rebound momentum is insufficient. Multi-cycle RSI indicators are all at low levels, with extreme short-term overselling, suggesting technical rebound demand; however, there is a lack of sustained active buying by large funds. KDJ has entered a dull zone, prone to weak rebounds but with limited upside. Active buy-sell ratio is below 1, indicating that follow-up funds have not yet shown significant involvement; trading volume has slightly contracted over the past 24 hours. The holdings ratio of major accounts and the overall long-short ratio are both leaning bullish, but the overall market order book remains cautious, signaling dominance of consolidation. The moving average system is strongly suppressive, with the current price below MA5 and MA10, and far from the MA200 long-term moving average, indicating the main trend remains healthy with the bulls temporarily resting. ATR and DMI suggest low short-term volatility, with trend momentum relatively weak; the market shows short-term indecision and tug-of-war, making volume突破increases difficult without unexpected positive news. Support level is far around 2900, indicating current consolidation dominance; if a break occurs, rapid testing of lower supports is possible, though the probability of short-term decline is low. Overall, in the next hour, the price is likely to oscillate within the 3530-3600 range; trading advice is to buy lightly on dips and avoid chasing high prices. It is recommended to closely monitor MACD and KDJ changes during trading; if increases in volume and a golden cross occur, potential oversold rebounds can be caught. However, excessive chasing should be avoided; a bullish reversal may require further confirmation from news or market sentiment.