Binance ETHUSDT 1h Trend Prediction

ETHUSDT recent trend shows strong oscillation and upward momentum, with candlestick charts displaying consecutive large bullish candles breaking through, the price continues along the bullish channel. Various moving averages and MACD indicators are clearly aligned in a bullish arrangement, with no obvious signs of short-term fund outflows. After expansion of the Bollinger Bands width, the bandwidth remains moderate to large, with the price operating between the middle and upper bands, indicating room for further upward movement and no alarming extreme market risks. The combination of RSI and KDJ indicates that while bullish momentum is strong, it has not yet entered overbought territory, suggesting the bullish trend retains inertia. The MACD golden cross is stable, indicating sufficient momentum. The large traders’ long-to-short positions ratio and the number of accounts remain at high levels, indicating that the main capital is increasing long positions, with a high overall market directional consistency. The active buy-sell ratio is slightly below 1, but when combined with major positions and trading volume, bears are easily squeezed out in the short term. Spot and derivatives trading volumes continue to expand, demonstrating that bulls are not taking profits at high levels but are instead gradually increasing their upward push. Short-term support focuses on the MA10 (approximately 3746). If the price repeatedly tests and stabilizes above this level, the probability of a further breakout upward is very high. The overall position strategy is primarily based on dip buying, with target levels referencing nearby integer support points and the Bollinger upper band in the range of 3780~3840. Considering macroeconomic and technical signals comprehensively, traders are advised to seize opportunities on pullbacks for long positions. The upward trend is not exhausted, and after a brief consolidation, the market will likely attempt to push higher. Stop-loss can be set below MA20 (around 3685). Target levels can be in the 3780-3840 range. The short-term approach should focus on riding the trend long, with strict risk control.