Binance ETHUSDT 1h Trend Prediction

ETHUSDT is currently in a strong bullish trend, with prices continuously rising along short to medium-term moving averages. After a short-term rally, there are clear signs of sideways consolidation at high levels. Historical candlestick data indicates good volume support, with primary funds continuously entering the market. The Bollinger Bands show that the current price is near the upper band, which also maintains a high bandwidth with an expanding trend. Market volatility is robust, reflecting that the trend still has room for continuation. The MACD fast and slow lines are continuously rising, with the momentum histogram expanding, maintaining a strong bullish configuration. Although the RSI and KDJ are significantly overbought, considering the dominant position preferences and the market's partial acceleration backdrop, the overbought zone may experience inertial upward movement. The active buy-sell ratio and the long-short ratio in accounts both remain in favor of the bulls, especially with large institutional holdings reaching new highs. This indicates limited scope for retracement within the main upward wave phase, with capital still pushing the trend upward. Short-term support levels have clearly moved higher. If a slight pullback occurs, it is expected to briefly retest the MA5 (3729.94) level and still receive buying support, with targets in the range of 3780-3820. Overall, the short-term upward momentum is very strong. During a strong correction, it may stabilize around 3740-3750 to cautiously attempt multiple long positions. The immediate short-term target is to reach previous highs and the upper band of the Bollinger Bands. Aggressive traders may follow with a small position, but should beware of sudden reversals after extreme overbought conditions. Stop-loss can be set below MA10 (3697.9). Trading suggestion: Dip-buying in batches for short-term gains during the main upward phase; profit-taking should be prioritized. If auxiliary indicators drop rapidly, consider timely profit realization.