Binance ETHUSDT 1h Trend Prediction

The recent ETHUSDT candlestick chart shows prolonged high-level consolidation after a steady upward move, with the latest 1-hour candlestick indicating a clear pullback and breaking below the MA5, MA10, and MA20, forming resistance and indicating near-term downward pressure. Currently, the Bollinger Bands are narrowing, with the price approaching the lower band and below the midline, suggesting increased downward pressure and a potential for further decline in the short term. Multiple RSI and KDJ indicators are in extreme oversold territory; although a short-term technical rebound is possible, there are no clear signals of volume or capital inflow resuming strongly, indicating a weak market structure and limited rebound potential. Overall trading volume has not significantly increased; without rapid capital influx to sustain momentum, longs will struggle to mount effective rebounds, and both amplitude and volatility metrics suggest that the correction has not concluded. The MACD has formed a bearish death cross, limiting the rebound space; the price is more likely to continue weak oscillations downward, with a higher probability of seeking support at the lower Bollinger Band or S1, rather than breaking upward. DMI, active buy-sell ratio, and account structure indicators all show that bears are dominant, and despite some large traders increasing long positions, the overall market remains weak, with ongoing risks of sharp declines. It is expected that in the next hour, there will be a very short-term technical pullback, primarily within the 3450-3500 range. Failure to stabilize may increase concerns of falling below S1 (2930.99). Cautious approach is advised for long positions; for short positions, be vigilant against further declines. Watch closely for any signs of marginal improvement in capital flow and volume.