Binance ETHUSDT 1h Trend Prediction

ETHUSDT has experienced a bullish rally in the recent hours, then entered a sideways consolidation phase. Although there is some divergence in MACD, no clear dead cross has formed yet. Short-term, it faces overbought pressure, and funding divergence has intensified, making a unilateral trend unlikely in the short term. Regarding moving averages, the price is currently situated between MA20 (3573.49) and MA5 (3581.94), indicating potential oscillation within these levels. If the price quickly breaks below MA20, it may decline towards the middle or lower Bollinger Bands. Conversely, if it stabilizes above the 3575-3585 range, it could retest the 3620 level. Principal holder positions ratio over the past three periods and proactive buy-sell ratio of 1.06 suggest institutional bias towards bullishness. However, market trading volume and volatility are both slowing, with evident top-level turnover, warranting vigilance for bandwagoning by major funds. In terms of support and resistance structure, levels below 2930 provide strong support and are unlikely to be breached in the short term. Currently, lacking clear bullish catalysts, it is expected that both bulls and bears will oscillate around the 3575 level within the next hour, with price fluctuations primarily within this range. ATR and DMI indicators both point towards trend exhaustion, with ADX below 20, indicating the market may enter a consolidative phase. The increase in upper and lower shadow lines suggests a higher probability of oscillation, and the risk of trading in a single trend is relatively high. Operational advice: within the next hour, focus on range-bound trading—buy low near the support and sell high near the resistance in the 3530-3625 range. Avoid chasing after sharp price movements in either direction; wait for a clearer trend before increasing position sizes.