Binance ETHUSDT 1h Trend Prediction

ETHUSDT has recently experienced a strong upward movement and is currently in a period of pullback and consolidation. The MACD is below the zero line with increasing green bars, indicating insufficient short-term momentum; RSI is also not in the oversold zone, and it is expected to maintain a range-bound pattern at the current level. The Bollinger Bands are relatively narrow, with percent_b being low; the price is near the lower band but has not effectively broken below it, indicating a short-term tug-of-war between buying and selling forces, making a unilateral rapid rise or fall unlikely. The long-short position ratio and large account holdings data show that capital favors the bulls, but there is no clear upward push. It is estimated that some of the profits held by large accounts have already been realized and exited, making a quick short-term rebound unlikely. Intraday trading volume has slightly increased but has not reached extreme levels, suggesting that the market predominantly consolidates through oscillations, with no clear dominance by either bulls or bears. Short-term support is around 3524-3510; if broken, attention should be paid to the 3500 psychological level. Resistance above is near 3590, where the MA5 and MA10 converge. Until then, a range-bound movement is anticipated. Trading advice: Currently, it is not recommended to chase the market or cut losses prematurely. Observation is advised, or consider short-term range trading (buy low, sell high) with controlled position sizes and risk. If the price dips but holds above the 3510-3520 zone, small long positions can be tested. If a rebound occurs but breaks the 3590 level with no volume, trimming positions is also advisable. In the larger trend, only a volume breakthrough above MA10 and the upper Bollinger Band (around 3590) can potentially break the consolidation pattern. Conversely, a fall below the lower Bollinger Band should alert traders to the possibility of a brief acceleration downward, requiring timely stop-losses.