Binance ETHUSDT 1h Trend Prediction

ETHUSDT's recent 1-hour trend is extremely strong, indicating significant signs of bullish dominance and control. The Bollinger Bands are tight against the upper band, with a relatively wide band width, suggesting aggressive short-term bullish expansion and existing inertia in upward momentum. The MACD indicator shows continuous release of bullish volume, with the moving average system displaying a healthy bullish alignment. The medium- and long-term trend is clearly skewed bullish, showing no signs of a top or reversal point. The positive DMI (dmi_plus) is significantly greater than the negative DMI (dmi_minus), and the ADX index is relatively high, confirming the trend's validity. RSI across all timeframes is generally heavily overbought. Although the short-term rally is fierce, caution is advised against rapid profit-taking pressures during intraday retracements, which can cause ‘sharp rises followed by declines’. However, the ratio of large trader holdings and funding rate indicators support continued high-level accumulation by the main players, suggesting upward momentum has not yet exhausted. The KDJ indicator is in a high-level plateau state. Coupled with the main market chips’ advantage, it is expected that the price will remain elevated in the very short term. With sufficient trading volume, there is potential to test new highs in the 3730-3770 range within the next hour. Support levels are relatively distant (S1 at 3143), and there is no historical data on resistance above. In the short term, unless a sudden drastic sell-off occurs, the outlook remains bullish. It is recommended to maintain a long-biased trading approach, and consider locking in some profits in the event of signs of rapid decline at extreme high levels. Overall, ETHUSDT is likely to continue its inertia-based upward push in the next hour, targeting the 3730-3770 range. Position management should pay attention to quick corrective risks following extreme overbought conditions indicated by RSI/KDJ. Currently, market sentiment is highly bullish, with confirmed capital advantage, but short-term chasing should be cautious and guided by trading volume changes.