Binance ETHUSDT 1h Trend Prediction

ETHUSDT has experienced a significant rally, but short-term performance is now diverging; the current candlestick chart indicates a consolidation phase following a short-term correction, without forming a sustained trend. Bollinger Bands show the price crossing below the middle band without touching the lower band; the bandwidth is relatively narrow, making the oscillation range clearer and not supporting a recent trend breakout. MACD shows a dead cross with increasing negative divergence; however, DIF has not deeply fallen below DEA, indicating that a strong downward move has not yet been confirmed, and there is a possibility of a weak short-term rebound and sideways movement. Both RSI and KDJ indicators are not in extreme zones; although the bullish momentum is briefly setback, the oversold area has not triggered a new round of capital bottom-fishing; the price is likely to repeatedly fluctuate around 3500. Major institutional investors hold more long positions, but active buying and selling are weak, suggesting that while the chips are concentrated, there is a short-term lack of sustained upward momentum, increasing the probability of consolidation. Support levels are far at around 2930; current downward space is limited, with bears showing weak tentative moves, but resistance above also exists. Based on comprehensive data analysis, the next hour is expected to mainly fluctuate within a broad range; short-term trading should adopt a high sell and low buy strategy, gradually building long positions below 3500 in batches, while taking profits around 3580 or above, and being cautious of chasing rallies or panic selling. Risk reminder: If trading volume significantly increases in the subsequent hour, be alert to local directional breakouts; otherwise, the market is expected to continue oscillating within the range. Risk control suggestion: the area below 3500 is considered an aggressive entry zone; if prices break below, exit promptly.