Binance ETHUSDT 1h Trend Prediction

Approximately 400 one-hour K-lines overall show a clear upward trend, but a short-term top correction has occurred. The current price is below the middle band of the Bollinger Bands, leaning towards the lower band, and has not broken away from the support of the moving average system, forming a strong oscillation zone. The MACD indicator has already generated a death cross downward, and the histogram is rapidly expanding, indicating short-term upward pressure. However, DIF and DEA remain positive, showing limited downside potential. Multi-period RSI indicates a rapid short-term decline, approaching the oversold area but not reaching extreme lows, suggesting market selling pressure is gradually easing. KDJ technical indicator is near the oversold zone; the J line is slightly stabilizing and above K and D, hinting at a potential short-term oscillation or correction, with the downward momentum temporarily slowing. Market depth data shows large traders are overall leaning bullish, but active buy/sell ratio is weaker, indicating dominant funds are more cautious. Although the bullish side still outnumbers the bears, the market has not entered an accelerated upward phase. Trading volume has not shown abnormal surges, volatility remains moderate, and overall market activity is relatively low. Overall assessment suggests that within one hour, the price is likely to fluctuate and consolidate around the lower Bollinger Band and MA5, specifically within the 3510-3570 range, with limited room for movement up or down. Short-term trading is recommended to primarily observe. Aggressive traders may attempt long positions around 3510-3520 with targets at 3550-3570, and set stop-loss below the lower Bollinger Band (3510). If in the next hour volume increases and the price breaks above 3570, a bullish pattern can be considered; if it falls below the lower Bollinger Band, further support testing should be watched.