Binance ETHUSDT 1h Trend Prediction

ETHUSDT has experienced a substantial upward movement at higher timeframes, followed by a short-term correction. Currently, the Bollinger %B is only 0.158, indicating the price is near the lower band, accompanied by oversold indicators such as RSI, suggesting a short-term technical rebound is likely, though its sustainability is doubtful. Trading volume is in a high level of pullback stage, with a buy-sell ratio of 0.9029, indicating a weakening of short-term bullish momentum; meanwhile, large traders hold an unusually high long-short position ratio, reflecting some major funds are opportunistically accumulating on dips. However, the number of accounts involved is only 1.34, suggesting overall speculative enthusiasm has not yet surged explosively. MACD remains in negative territory, with DIF and DEA both trending downward, but with signs of convergence, implying that bearish momentum is diminishing, though no substantial bullish signal is present. The KDJ indicator is oscillating at low levels, with the J value slightly breaking below K and D, indicating a need for oscillation and recovery. The short-term moving averages have not formed a clear bullish alignment, and prices are consolidating below MA10 and MA20, indicating significant resistance. Considering the weighted average of moving averages, the 3500–3570 range may serve as the primary battleground with repeated oscillations between bulls and bears. Support levels reference the lower Bollinger band and S1; if the price falls below 3500 in the short term, it may test lower supports such as the 200-MA (around 3134). Otherwise, the market is expected to mainly oscillate and recover. Resistance overhead lies in the 3570–3600 range, aligning with the middle Bollinger band and MA20. Overall judgment suggests ETHUSDT is currently consolidating with high probability within the 3500–3570 range in the short term. Aggressive traders might consider buying dips and selling at rebounds, while more cautious traders may wait for breakout signals outside the range. It is recommended to closely monitor changes in capital sentiment and active buy-sell ratio. If volume significantly increases and MACD shows recovery, it could signal a transition to bullish strength; conversely, a breakdown below support levels should prompt timely stop-loss actions.