Binance ETHUSDT 1h Trend Prediction

ETHUSDT recent one-hour candlestick chart shows a clear bullish arrangement, with MA5/10/20 moving averages rising sequentially. After a slight correction, it reaches new highs again, indicating the continuation of the main upward wave. The Bollinger Bands bandwidth has increased, and percent_b is close to 1, with the price approaching the upper band. If short-term capital flow does not show significant outflows, an inertial breakout above the upper band towards the 3800-3840 range is likely. The RSI and KDJ are extremely overbought in the short term. However, considering the overall trend structure and institutional data, the main force exhibits strong control, and capital has not shown obvious exit actions. The MACD histogram continues to expand, indicating that current momentum remains bullish. A short-term surge or upward stretch wave is highly probable. Major institutional long-short positions and account ratios are extremely net long, suggesting market sentiment and chip concentration are favoring upward movement. The only concern arises from extreme overbought signals, which may lead short-term funds to profit-take gradually. However, considering the overall incremental capital and trend, the short-term decline space is limited, with funds ready to support any pullbacks. Therefore, it is expected that ETHUSDT will continue its upward trend in the next hour. If it breaks through 3800, testing 3840 is possible. Support for pullbacks is around 3750. In extreme cases, if it falls below 3730, caution should be exercised against short-term pullbacks after spikes. Based on comprehensive technical and transaction structure analysis, the current strategy is to follow the trend and go long. Prudent traders may consider initiating long positions at the current price or during pullbacks around 3750-3760, with a stop loss below 3700.