Binance ETHUSDT 1h Trend Prediction

ETHUSDT current price significantly approaching the lower Bollinger Band, with the past hour's candlestick chart trending downward. The Bollinger Band width has narrowed, and the price has failed to stabilize above the middle band. The MACD indicator has shifted from upward to downward; the histogram bars are continuously expanding, indicating the bearish momentum is releasing. Additionally, the short-term moving averages MA5 and MA10 are now below MA20, forming a death cross, with the trend pointing downward. The RSI has dipped into the oversold zone in the short term. Although there is an expectation of a technical rebound, the overall strength is insufficient; major players have not stepped in to push the price higher, resulting in limited short-term support and a likelihood of continued inertial bottoming. KDJ values are depressed, with the J value negative, indicating extreme weakness. The KD lines show no divergence, suggesting the short-term trend may continue to weaken. Despite prominent long positions held by large traders, indicating a maintained medium to long-term bullish stance, the active buy-sell ratio and trading volume reveal a growing short-term wait-and-see sentiment. Capital may temporarily shift to the bearish side, and the price could further test lower support levels to absorb selling pressure. In the short term, within the next hour, it is expected that the price will find support in the 3670–3730 range. If a rapid rebound does not occur, caution should be taken to prevent further breakdown below S1 (3365). Currently, the ATR is low, which does not support a sharp crash; the primary movement is expected to be inertial retracement to confirm support zones. Trading suggestion: Aggressive short positions can be initiated with light sizing below 3730, with a stop-loss above 3770. If the price breaks below 3700 with volume expansion, further positions can be added. Conservative traders should wait patiently for a pullback to confirm support, then look for signals of institutional entry to reverse to long positions. Risk management must be strict; avoid heavy leverage when shorting.