Binance ETHUSDT 1h Trend Prediction

From the Bollinger Bands perspective, ETHUSDT's current price is slightly below the middle band, with the upper and lower bands not being touched, indicating short-term consolidation within a range. The MACD histogram shows divergence with green bars, and both DIF and DEA averages are trending downward, suggesting weakening bullish momentum and a lack of further upward push. The RSI6 is rising sharply, indicating potential for a pullback; meanwhile, RSI12 and RSI14 approaching the 50 midpoint reveal a tug-of-war between bullish and bearish forces. Although the J value of the KDJ indicator is high, the K and D lines have already transitioned into a gentle upward movement, implying a possible brief consolidation or retracement. The proportion of bullish positions remains advantageous, yet active buying and selling, along with account distribution, are neutral, suggesting that bullish sentiment has not fully dominated the market. Support levels are far below the current price (2930-2900), making a direct short-term retracement unlikely and reflecting a relatively high downside safety margin. Overall, ETHUSDT is consolidating at high levels on the 1-hour chart, neither triggering a new rally nor signaling a significant retracement on larger scales, with the short-term entering a range-bound phase. Trading suggestion: In the short term, consider range-bound buy-low and sell-high strategies, awaiting a breakout of the 3530 or 3620 zone before taking directional positions; if no new volume or momentum breakthroughs occur, it’s advisable to remain on the sidelines.