Binance ETHUSDT 1h Trend Prediction

Currently, ETHUSDT is in a typical upward trend on the 1-hour K-line. From the aforementioned chart performance, the price continues to make new highs, with minimal retracement space and active trading volume. The MA moving averages are arranged in a fully bullish configuration, indicating a healthy technical pattern. The Bollinger Bands show that the current price is operating near the upper band, with the bandwidth slightly expanding, suggesting short-term volatility release and strong upward momentum. If the bullish trend persists, it is likely to break through the upper band and further advance. The MACD indicator remains in a strong bullish golden cross, with the red histogram steadily increasing, indicating vigorous short-term momentum. Coupled with RSI, KDJ, and other indicators trending above the overbought region, although there is some short-term correction pressure, divergence signals are not significant, allowing for continued inertia-based upward movement. In terms of position data, large traders' long/short holdings ratio and the number of accounts are both extremely bullish, indicating that major market players are overwhelmingly optimistic, with continuous capital inflows supporting higher prices. Volatility indicators (volatility/ATR/DMI/ADX) all reflect a high-volatility, high-intensity trending market. In the short term, without external sudden negative events, significant retracements or reversals are unlikely. Key support levels are relatively distant (S1 at 3143). The current price lacks substantial resistance levels; if a rally occurs, it will enter a zone with no apparent resistance, likely testing the 3800-3850 range. Short-term trading suggestions include following the trend to go long, with stop-loss set at the Bollinger middle band or the 10 MA (around 3700). The profit-taking target is in the 3800-3850 range. Continuous monitoring of overbought indicator turning points and market capital flow changes is required.