Binance ETHUSDT 1h Trend Prediction

ETHUSDT has recently experienced a significant rally, followed by a clear correction influenced by selling pressure at high levels. The MACD bearish momentum is rapidly releasing, indicating that the short-term downtrend has not yet concluded, and the price continues to weaken. The RSI and KDJ indicators are severely oversold with low positions, suggesting a potential for a rebound; however, technical signals and active buying and selling ratios both indicate dominance by the bears, with insufficient rebound momentum to reverse the short-term downtrend. From a capital perspective, although large traders' long positions are predominant, active buying orders are insufficient, and large traders' actual holdings show signs of being passively trapped. Attention should be paid to large traders reducing their positions in the near future. Support near the lower Bollinger Band is relatively weak. If the price breaks below the 3500 level, focus on the support around 3440. The strong support level S1 is far away, and there is short-term pressure. Overall assessment indicates a short-term bearish outlook for ETH. After testing the 3440-3500 range, only then might partial support be established. Conservative traders should wait for stable signals before considering long positions. Current market volatility and ATR are both high. During a decline, strict stop-loss measures are necessary to avoid inertia-driven sell-offs. If trading volume drops sharply during intraday trading, oversold rebounds can be watched for, otherwise focus on defensive strategies.