Binance ETHUSDT 1h Trend Prediction

Currently, ETHUSDT is in a strong bullish state, with Bollinger Bands showing band width expansion. The price approaches the upper band but no strong reversal signals are observed. Meanwhile, short-term moving averages are arranged in a golden cross pattern, indicating dominant buying pressure. The short-term RSI is slightly overbought, but both MACD and KDJ indicate a bullish trend. The short-term bearish divergence is not yet clear, and the inertia-driven upward surge is highly probable. In terms of funds, large account holdings and account ratios are significantly skewed bullish. The main forces display a strong intention to long. Additionally, the active buy-sell ratio is close to 1 but not imbalanced, maintaining a strong market sentiment. Trading volume is gradually increasing, with elevated volatility and ATR indicating sufficient market momentum, conducive to breaking through new highs. Support levels are far from the current price, with no immediate signs of breakdown in the short term. Absent any sudden black swan events, a bullish pattern is expected to continue in the near future. The anticipated future 1-hour period will show vigorous oscillations upward, targeting a range of 3820-3860. It is advisable to participate in multiple entries on dips toward the MA5 and MA10 levels, while remaining cautious of high-level chasing risks. For risk control, consider near the middle Bollinger Band (around 3680).