Binance ETHUSDT 1h Trend Prediction

The candlestick chart displays a mid-term upward strong structure; however, Bollinger Bands and moving average arrays indicate that the current price is operating in the upper middle of the range, with no signs of a strong breakout. The amplitude remains active but is tending to converge, implying short-term momentum is being absorbed. Technical indicators show the bullish trend remains dominant, but MACD has formed a death cross, KDJ is declining, and RSI is high, indicating a correction after a rally (sideways or slight pullback is more reasonable), making further rapid unilateral upward movement unlikely. In terms of bullish and bearish structure, large institutional traders have an advantage in controlling the market, but active buy orders are decreasing, and short-term upward driving force is weakening. Capital appears cautious, possibly influenced by profit-taking exit. Key support is far at S1 near 3272, with limited short-term correction space; if there is a rally, the maximum target constrained by the upper band of Bollinger Bands is around 3780. However, inertial upward movement lacks volume support, increasing the likelihood of consolidation. In summary, ETHUSDT is highly likely to experience oscillation and consolidation within the next hour. It is recommended to adopt a wait-and-see approach, awaiting breakout signals or clear pullbacks for direction selection. During significant volatility, consider high selling and low buying within the range, with strict stop-loss measures.