Binance ETHUSDT 1h Trend Prediction

ETHUSDT is currently in a consolidation and correction phase following a rapid upward movement. The K-line chart shows a retracement from recent highs, but support levels below remain firm, with the fluctuation range narrowing. Combined with Bollinger Bands and moving average distributions, there is insufficient short-term momentum for substantial upward or downward breakthroughs. The MACD indicator remains negative with a downward trend, but there is no volume expansion, indicating a market outlook that remains highly cautious in the short term. Although the short-selling force is visible, it is not driven by active sell-offs. RSI and KDJ are oscillating at low levels, with all short-term indicators showing weakness but not triggering extreme technical signals. In terms of capital flow, the long-short ratio and large institutional holdings are skewed towards the long side, indicating a willingness of funds to enter on dips. However, this does not alter the overall weakening macro momentum trend. Volatility measures such as ATR and ADX, along with the data, suggest limited current volatility. The signs of a trend reversal are weak, and the market remains predominantly in a sideways oscillation pattern. Based on support and resistance data, current effective support is around 3520, with resistance near 3580. Both upward and downward breaks require confirmation through increased trading volume, amplitude, and momentum. Short-term trading is mainly within a defined price range. It is recommended that investors stay on the sidelines or engage in short-term trades within the oscillation range, waiting for prices to approach the support zone of 3520-3540 for absorption. If prices exceed 3580, consider taking profits; avoid chasing highs or blindly betting on decline. Before any significant external news triggers a major move, the market is expected to continue consolidating within the range, accumulating positions. The anticipated range for the next hour is oscillating between 3520 and 3580 with repeated adjustments.