Binance ETHUSDT 1h Trend Prediction

ETHUSDT current trend is relatively strong, with multiple indicators conveying continued upward momentum. The Bollinger Bands are widening, the price is in the upper half but has not touched the top, combined with a MACD golden cross and rising moving averages, indicating a clear upward trend. Although the short-term RSI6 is soaring, suggesting localized overbought conditions, the long-term RSI remains below extreme levels, indicating room for further price peaks. Regarding market sentiment, large institutional holders’ positions are heavily skewed toward the long side, with market participants demonstrating a consensus on the bullish direction. Under such conditions, the probability of a further push above the 3628 resistance level is relatively high. K-line structure, after experiencing a period of accelerated ascent, has recently entered a phase of high-level consolidation to digest the gains, with no obvious signs of volume decline or top formation. The volume structure remains healthy, and capital participation is active. Risks include signs of overbought conditions, such as RSI6 being excessively high and KDJ being strongly overextended, warranting caution for rapid short-term pullbacks. Nonetheless, the main trend remains upward. In case of a sudden large sell-off during trading hours, attention should be given to the support around 3560. It is recommended to follow the trend primarily, with short-term targets between 3615 and 3650. If there is a strong push higher, consider taking profits in stages. Stop-loss should be set below 3552 (above MA20 plus the middle Bollinger Band). If the price breaks below this level, exercise caution to close positions.