Binance ETHUSDT 1h Trend Prediction

Although ETHUSDT has recently experienced a strong rally, short-term indicators such as MACD, RSI, and KDJ are all showing extreme oversold conditions. The current price has fallen back to the middle-lower band of the Bollinger Bands and is below all short-term moving averages (MA5-20), indicating persistent short-term correction pressure. Trading volume data has not increased significantly. Despite differences in the long and short ratios, active trading trends towards selling. Along with the fund rate not showing a clear premium and increased volatility, this suggests that the downward selling momentum is being released, but genuine support has not yet formed. MACD continues to generate a death cross, with DIF and DEA both declining. Coupled with extremely low RSI and oversold KDJ, if upward momentum remains weak in the short term, the price may continue to seek support downward. The first strong support zone is between 3450 and 3500. If the price can stabilize within this range, an oversold rebound may occur. Although the large traders' long positions ratio (3.08) is significantly higher than shorts, when combined with the account ratio data during the same period, and the active buying/selling ratio being less than 1, caution is advised. The main players may be taking profits or unwinding positions. Short-term rebounds are primarily tests, and until key moving averages are broken, cautious observation is recommended. Overall assessment indicates a short-term bearish bias. It is suggested to monitor the support zone between 3450 and 3500. If the price breaks below this support, timely stop-losses are advised. If strong rebound signals are seen within the support zone, small positions may attempt short-term shorts to catch rebounds, but risk management must be strictly upheld.