Binance ETHUSDT 1h Trend Prediction

ETHUSDT short-term period experienced a rapid ascent and is currently in a phase of technical indicator correction. The MACD histogram weakens, short-term momentum declines, and no clear new trend initiation signal appears. The Bollinger Bands are within normal range, with the current price near the middle band, lacking a solid basis for a breakout in the short term. The moving averages are converging, indicating the market is mainly consolidating with sideways movement, awaiting a new directional choice. From the bullish and bearish data perspective, bullish funds have an advantage, and large accounts show a strong pro-longing push. However, the active buy-sell ratio and overall account long-short ratio are not significantly divergent, implying market long positions are strong but still face profit-taking pressure. RSI is near 50 and KDJ shows no obvious turning point, indicating that momentum is temporarily balanced. It is difficult to form an extreme trending pattern, but there is some inertia in the medium to long term. Technically, strong support is at 3311, well below the current price; the theoretical downside is limited. Short-term supports are primarily near the moving averages at 3730–3750, with resistance around recent highs (Bollinger upper band at 3811). Overall, ETHUSDT is likely to fluctuate mainly within the 3720–3800 high-range zone in the short term. Breaking above 3800 could lead to testing new highs, otherwise, the price may test support around 3730 multiple times. Trading suggestion: Short-term sentiment should be cautious; high sell and low buy strategies are suitable for range trading. Strict stop-profit and stop-loss measures are recommended. If price stabilizes above 3810 with increased volume, consider re-entering long positions; a break below 3720 warrants attention to correction risks.