Binance ETHUSDT 1h Trend Prediction

ETHUSDT 1-hour candlestick chart shows a continuous upward trend, with moving averages arranged in a bullish configuration and significantly above the MA200, indicating a breakout of the trend. The Bollinger Bands upper band has been tested multiple times without forming a large red candlestick for a pullback, suggesting sufficient momentum for a primary upward wave. The percent_b indicator indicates the price is attempting to break above the upper band, reflecting strong bullish market enthusiasm. Although RSI and KDJ are in overbought zones, under dominant bullish inertia, they often push prices to new highs within this phase before quick corrections occur. Short-term high-level retracement risk exists but typically only manifests after extreme toping scenarios. MACD remains in a bullish stance, with dif and dea rising and diverging. Momentum in the short term is adequate. This is supported by major capital flows (large traders holding strongly bullish positions) and active buy-focused trading behavior. Combining order book and open interest data indicates that mainstream funds are concentrated in long positions with no signs of retreat, supporting further short-term upward movement. Extreme overbought conditions and continuous pressing against resistance suggest caution for short-term chasing longs. However, a breakout beyond 3675-3680 or a volume-spurred breakthrough could open space toward 3700-3710. It is expected that ETHUSDT could attempt to stabilize above 3700 in the next hour. There is a risk of quick pullback after rising amplitude (note to set stop-loss and take-profit accordingly). Trading suggestion: In the short term, consider light positions to follow breakouts for long entries with targets between 3700-3710. If the breakout fails, be aware of high-level retracement risks and exit promptly. Stop-loss can be placed below 3615. The market sentiment has entered a highly euphoric zone. Operations should strictly control positions and prioritize quick stop-loss and take-profit to prevent a correction risk in the bull market. Conservative traders can wait for a pullback before adding positions.