Binance ETHUSDT 1h Trend Prediction

Based on comprehensive candlestick chart observation, ETHUSDT maintains a bullish strength in the mid- and long-term timeframe, with the current price staying above the moving average system. Although there has been a slight correction recently, the primary upward wave trend remains unchanged. The Bollinger Bands width is normal, with prices near the upper-middle band. In the short term, minor adjustments due to pressure are likely to be followed by continued upward movement if encountered. The percent_b value is not at an extreme, indicating no signs of a high-level reversal. The short-term RSI6 reaching 78.17 suggests an overbought condition with potential risks, but RSI12 and RSI14 have not shown synchronized significant overbought levels, reflecting a market more characterized by strength rather than immediate correction signals. While MACD shows slight signs of adjustment, no death cross has formed, and the high J value indicates that bullish momentum has not yet exhausted. Major moving averages support the trend, reducing the likelihood of a break downward. Trading volume and funding rates are normal, with high 24-hour trading activity indicating active capital flow. Large traders' long positions and the number of accounts are dominant, demonstrating strong bullish intent from major market participants. Considering the buy-sell ratio is below 1 and short-term volatility may cause oscillations, but with comprehensive positions and moving average support, ETHUSDT is highly likely to test or break through the 3650 level once again, with an upward target near 3680. Overall, it is recommended to follow the bullish trend in the short term. For entry points on dips, refer to the MA5/MA20 support zone around 3565-3578, with targets between 3625-3680. A stop-loss can be set below the 3553 level. In case of unexpected market correction, initial focus should be on the lower Bollinger Band at 3505 and ATR resistance band. If the position structure remains stable, there remains a chance for upward movement after a pullback.