Binance ETHUSDT 1h Trend Prediction

Based on nearly 400 candlesticks and major technical indicators, ETHUSDT recently shows a pattern of oscillating upward. All moving averages indicate a bullish trend, with MACD continuously increasing in volume, showing no obvious signs of trend weakening. The short-term RSI continues to climb, slightly overbought but not yet extreme, combined with the upward movement of the KDJ three-line, implying short-term momentum still has potential for a rise, and it is expected to challenge the upper resistance zone around 3590-3625. The Bollinger Bands are sufficiently wide with the mid-line serving as dynamic support, which has not been broken downward. Medium-to-short-term funds are continuously flowing in. Major large traders' long and short positions are skewed towards bullish, and active buy-sell ratios also favor the bulls, indicating strong momentum. It is worth noting that high RSI suggests caution when chasing highs in the short term, as there may be localized pullbacks; if a price surge followed by a decline occurs, attention should still be paid to support at the mid-line and MA20 in the 3555-3565 range. In conclusion, the probability of ETHUSDT maintaining a strong upward movement over the next hour is relatively high, with a target zone of 3590-3625. Traders can follow the trend for short-term long positions; in case of pullback, consider buying on dips within the 3555-3565 range. Stop-loss is recommended just below the Bollinger mid-line (around 3545). Under the current trend, it is advised to manage positions flexibly, timely take profits and cut losses, to avoid risks from sudden reversals. If trading volume intensifies sharply and the price encounters resistance at 3625, it may be prudent to lock in some profits and wait for new signals.