Binance ETHUSDT 1h Trend Prediction

ETHUSDT has recently experienced continuous upward volume expansion, with prices moving along the moving averages in a bullish alignment. The candlestick patterns are strong, and short-term corrections are limited. The Bollinger Bands have a moderate opening width, with prices operating near the upper middle band. The market does not show extreme overbought conditions but has entered a high-level zone. Short-term momentum is gradually increasing, and the price may still challenge the upper band. While MACD has shown a slight pullback, it has not yet formed a bearish trend. Coupled with high J values on the KDJ indicator, the market may continue to oscillate at high levels with slight upward movements. Trading volume supports the current trend. Institutional funds are increasing their positions continuously in the short term, with retail investors showing a clearly bullish sentiment. There is limited downside pressure from the bears. If there is an intraday rally, it will test the upper Bollinger Band and recent highs, with the range of 3630-3670 as the primary target. If the price retraces to support at the moving averages during trading, a phased strategy of high sell-offs and low buy-ins can be considered. Subjective suggestion: Currently, the main trend remains bullish. However, given the short-term overbought conditions, it is prudent to set a reasonable stop loss at the 20-period moving average and around 3530 to mitigate downside risk. If the bullish trend continues, the first target zone is between 3630 and 3670. The overall market sentiment and bullish pattern remain unchanged. If a high-level volume stagnation occurs with rising prices, traders may consider locking in part of their profits in the short term and should pay close attention to changes in funds and MACD signals for trend continuation or reversal.