Binance ETHUSDT 1h Trend Prediction

ETHUSDT is currently in a clear bullish trend, with all major moving averages spreading upwards. Although the Bollinger Bands have expanded, the price has not yet broken through the upper band, allowing for continued upward momentum. MACD bullish momentum is strong, with the golden cross divergence intensifying. Trading volume continues to grow while the active buying and selling ratio approaches 1, indicating extremely active market sentiment and a tendency for short-term continuation of the upward trend. Despite RSI and KDJ both entering severely overbought territory, in a trending market, persistent overbought conditions often push the price to new highs. Pullback needs can be absorbed through localized consolidations. The large investor long-short position ratio reaches as high as 2.705, and the number of accounts is also high at 1.426, indicating a very strong bullish conviction among major players. Unless there are unexpected negative news, the short-term trend is unlikely to reverse. Volatility indicators (ATR, DMI, ADX) show an extremely clear upward trend. The market is very likely to continue its inertia, pushing prices to previous highs and making new highs. The momentum for the next bullish wave is expected to keep releasing. In the next hour, core support is at the 3735-3745 level. If this support remains unbroken, there is a potential short-term attempt to probe higher, targeting the previous high area of 3780-3840. Risk warning: Although the asset is overbought at high levels, the predominant strategy remains bullish momentum. Caution is advised when chasing highs near important moving averages or morning session highs. Strict stop-losses should be set below the MA10 at around 3700. The recommended strategy is to follow the trend. If a rebound stabilizes near 3740, consider taking a light long position with targets in the 3780-3840 range. If volume stagnates at high levels causing price stagnation, exit the position in the short term.