Binance ETHUSDT 1h Trend Prediction

ETHUSDT has recently continued its upward trend, with the current market price significantly boosted, indicating a substantial short-term divergence. From the Bollinger Bands structure, the price is hovering near the middle band, with ample space on both sides and band width converging, suggesting an upcoming consolidation phase. The MACD quick line is slightly above the slow line, but the histogram has turned green, implying a shift from bullish to weakening momentum; the trend remains uncertain. The KDJ indicator's J value is significantly below the K and D lines, forming a converging pattern, reflecting a temporary equilibrium between bulls and bears; the market is likely to consolidate or experience small pullbacks. RSI6 has fallen back to 36, indicating a short-term need to digest previous gains; RSI14 and RSI24 have not yet weakened, pointing to support levels beneath while upward pressure is also increasing. Both account and large holder long-short ratios suggest that bulls still hold an advantage, but the active buy-sell ratio has notably cooled down, reflecting heightened market divergence at high levels. Overall judgment indicates that in the next 1 hour, the price may oscillate around the Bollinger middle band near 3778, with an initial estimated range of 3720-3840 USDT. Trading suggestion: refrain from chasing the price upward for now, and wait for the consolidation range to break before deploying positions accordingly. If the price effectively breaks below 3720, monitor the support levels and potential rebound opportunities. Only if volume and price confirm a break above 3840 should a long position be considered. Trading risk: if market liquidity continues to weaken or active buying diminishes further, prepare for short-term pullbacks to the 3720 or even 3700 region. Maintain strict position control and set stop-loss orders, paying attention to sudden changes in market sentiment.