Binance ETHUSDT 1h Trend Prediction

ETHUSDT maintained a bullish trend in the previous major cycle, but the upward momentum has slowed within the shorter cycle. The Bollinger Bands are converging at extremes, with the price approaching the middle band, indicating a short-term oscillatory market characteristic. The MACD is in negative territory with expanding negative values, and no bullish crossover has been observed, indicating limited short-term upward momentum. All RSI indicators are below 50, reflecting that market momentum is waning, and the price lacks a clear basis for sharp increases or decreases. The three lines of the KDJ indicator are not highly differentiated; the J-value is in the neutral to slightly high range, suggesting that the current bullish attempt is under significant pressure. The active buy-sell ratio and 24-hour trading volume support active turnover at high levels; however, large institutional positions are predominantly held by major players, indicating market control by the main players but with a substantial increase in risk. Retail accounts have not kept pace, and a volatile, sharp oscillation range is likely to form. In terms of support and resistance, the current price is far from the upper R1 level at 3628, with S1 support at 2966, leaving ample space but limited short-term breakdown momentum. Volatility indicators such as ADX and ATR suggest the market will continue to oscillate within a narrow range. In summary, over the next hour, ETHUSDT is likely to fluctuate around 3550. If trading volume increases, it will still be influenced by dominant institutional control. Absent any extreme news, the market is expected to remain in range-bound consolidation.