Binance ETHUSDT 1h Trend Prediction

The current price of ETHUSDT remains near the upper band of the Bollinger Bands, with a potential breakthrough around the 3720 level. The MACD indicates an ongoing upward trend with a formed golden cross, suggesting the possibility of further short-term gains. The RSI indicators are all above 70, indicating high but not obviously overbought conditions, which supports the market continuing to rise in the short term. In KDJ, the J value exceeds K and D, signaling a clear short-term upward trend. Trading volume is active, with the main buy/sell ratio and the number of bullish and bearish accounts showing strong market bullish sentiment. If the price breaks above the Bollinger Band upper limit at 3720, the next target price range can be attempted around 3740. The breakout of key technical levels and increased buying volume suggest potential for additional short-term upward movement. Support levels are at 3143, with volatility indicating a relatively stable upward trend, but attention should be paid to funding rates and market sentiment. If the market overheats in the short term, a correction may occur. It is recommended to monitor whether the market can continue to stay above the Bollinger Band upper limit. If the upward momentum remains strong, be cautious of potential pullbacks after a breakout.