Binance ETHUSDT 1h Trend Prediction

Currently, ETHUSDT displays a clear bullish trend on the hourly-level candlestick chart, with short-term moving averages collectively trending upward, and the candlestick arrangement forming a stepwise rally. Bollinger Bands are operating at high levels with expanding bandwidth, indicating that market volatility will continue. Although the RSI in the short cycle approaches overbought levels, the values are not extreme, and the market has not completely lost buying momentum. The MACD sees a persistent golden cross with increasing momentum, with no significant contraction in the red histogram, suggesting energy has not been exhausted. Major holder position structures indicate a strong bullish outlook, and the account long-short ratios as well as funding rates do not show extreme deviations, providing continuation potential for this upward rally. Volatility is temporarily moderate, with ATR and ADX both trending upward, demonstrating that the market is not only rising but doing so in a stable manner. Trading volume remains high but without explosive spikes, indicating sustained accumulation by longs, and major players have yet to realize profits and exit. Based on these indicators, the forecast for the next hour suggests that the market will likely continue its strong momentum, potentially reaching the 3800-3850 range. However, caution is advised regarding potential pullbacks from high levels; if a sharp correction occurs, attention should be paid to the middle Bollinger Band at 3700 and the short-term support zone between 3730 and 3750. Trading recommendation: Short-term, consider moderately following long positions with a target of 3800-3850 and a stop-loss placed below 3700. If a strong breakout occurs, additional positions may be considered; if the price swiftly drops below 3700, timely stop-loss should be implemented to prevent losses.