Binance ETHUSDT 1h Trend Prediction

Although ETHUSDT has shown a clear upward trend recently, the current price is slightly below the middle of the Bollinger Bands, and the MACD remains negative in the short term. The market has not effectively broken through, but support levels below are relatively solid. The RSI is somewhat high in the short term but relatively subdued across mainstream cycles, indicating that some funds are chasing gains in the short term, but the main market players have yet to gather their positions. Additionally, large institutional holdings and account numbers are notably more bullish, yet the buying and selling forces are relatively balanced, limiting short-term upside potential. From a technical structure standpoint, the J value in KDJ indicates impulsiveness but has not driven the K and D values to rise together, suggesting the market may experience repeated fluctuations with short-term consolidation as the main theme. Trading volume and volatility over the past hour are average, with the market engaging in a tug-of-war between high-level profit-taking and new bullish funds, resulting in a lack of momentum for further breakout with downward pressure supported by resistance levels. Based on current technical indicators and market sentiment, the likely trading range in the next hour is 3520 to 3620. If trading volume increases and a MACD bullish crossover occurs, there is potential for upward expansion; however, significant outflows by large traders could signal weakening conditions. Trading advice: Maintain a wait-and-see stance without chasing rises. Consider buying moderately near 3520; if the price convincingly breaks below 3500, be alert to the risk of a correction. If the price breaks above 3620 with increased volume, consider a breakout follow-up.