Binance ETHUSDT 1h Trend Prediction

From technical chart formations, ETHUSDT has risen continuously from 2800 to over 3700, indicating a clear upward trend, accompanied by sustained volume expansion, demonstrating bullish dominance in the market. The Bollinger Bands percent_b is near 1, with price approaching the upper band but not breaking through, indicating that major traders still intend to push prices higher. Coupled with a strong MACD golden cross pattern, the overall upward momentum has not yet exhausted. Multiple RSI indicators remain in overbought territory without a significant pullback. Caution is advised regarding short-term overheating corrections. However, based on historical consistency, extremely strong market conditions are likely to sustain premiums. KDJ remains in a strong zone, with all values at high levels, especially J-line leading, indicating that short-term capital continuation of buying interest persists with limited intraday correction scope. Market flow and open interest structures show a distinct bullish advantage, especially with large institutional holdings far exceeding 2, reinforcing the prevailing market sentiment of continued optimism. However, since short-term technical indicators are at high levels, it is expected that the short-term peak will form resistance between 3720 and 3750. A volume-driven breakout may lead to further gains, while encountering resistance could result in minor pullbacks, with the main trend remaining unchanged. Risk reminder: Currently, the market is in an extremely strong phase with bulls dominating. Nevertheless, blind chasing of gains is not recommended. Lightening positions during pullbacks is advisable to test longs, and attention should be paid to the dynamic resistance at 3750. A break below 3670 should trigger stop-loss actions.