Binance ETHUSDT 1h Trend Prediction

Despite a recent strong rally in ETHUSDT, there has been a rapid correction at higher levels, with the current price falling back into the middle-lower region of the Bollinger Bands. The short-term moving averages (MA5/MA10) have crossed below MA20, indicating short-term resistance. The MACD indicator has entered a clear bearish zone, with increasing negative BAR values, reflecting that bearish momentum dominates the short-term market, and no reversal signs are evident. Multiple RSI and KDJ indicators show extreme overselling, suggesting an oversold rebound demand. However, when combined with MACD and market sentiment, it is more likely that the price will continue to decline inertially to the support zone before any correction occurs. Large traders' long and short positions are heavily skewed toward long, but active trading is predominantly on the sell side. This indicates that while there are long positions, there is no intention of significant additional long-building, possibly for defensive reasons. In the short term, there is no clear major buying interest from funds. Intra-day volatility has increased, but trading volume has not yet triggered a clear reversal. With the DMI indicating a dominant bearish trend, upward momentum is temporarily limited. Support levels to watch are near 3520 (lower Bollinger Band) and around 3460. A break below these levels could lead to further testing of the lower range. Overall, it is recommended to avoid chasing highs in the short term and to wait for a decline to the support region before engaging, in order to prevent risks associated with inertial correction. On the 1-hour timeframe, the expected range is weak oscillation between 3460 and 3520.