Binance ETHUSDT 1h Trend Prediction

ETHUSDT has recently been experiencing continuous upward movement, with the candlestick chart displaying a clear ascending trapezoid structure, accompanied by increased trading volume, indicating sustained capital inflow. The upper band of Bollinger Bands at 3724.56 has been approached, but the percent_b remains non-extreme (small margin), suggesting the short-term momentum may continue, with slight delay in potential pullback pressure. MACD exhibits a golden cross and the histogram is significantly enlarged, indicating dominant bullish buying activity, typically implying at least inertia-based price continuation, with short-term reversals unlikely. The full-cycle RSI and KDJ are in overbought territory, showing signs of overextension; however, the inertia-driven top suggests a high probability of continuation, with initial price pullbacks tending to test extreme levels beforehand. All moving averages indicate a bullish trend, with MA5 significantly diverging above longer-term averages, signifying accelerated short-term capital inflow and a healthy trend. Large institutional long-short position ratios and account ratios are overall highly bullish, especially with institutional marginal increase in positions (2.7495 far above the average), indicating extremely bullish sentiment among major players. Short-term volatility is moderate, ATR has expanded, and trading activity is at an ascending phase. Overall, it is expected that the market will maintain an upward structure over the next hour, targeting a range of 3740 to 3780. If there is a sudden increase in volume and a price spike, attention should be paid to rapid profit-taking risks; exercise caution in chasing highs. Stop-loss can be considered below 3700; if broken, it strengthens the signal of short-term top formation. Investors should primarily follow the trend, with light positions and in a follow-the-momentum approach.