Binance ETHUSDT 1h Trend Prediction

ETHUSDT has experienced sustained upward movement in the early phase, but currently shows multiple short-term overselling signals, while downward momentum has intensified. The Bollinger Band %B value is relatively low, with the price approaching the lower band, indicating that阶段性 support is near but no effective rebound has formed. The MACD presents a death cross with significantly increased bearish momentum, indicating market short-term panic and a release of selling pressure. The RSI6 is only 19.6, indicating extreme overselling; RSI12/14 are also very low, suggesting that a further inertial decline is likely before a technical rebound may occur. Trading volume has not notably increased, implying that the current decline is a technical adjustment without major institutional support. The KDJ indicator is rapidly declining, with J-line in negative territory, expected to continue facing short-term pressure. From a sentiment perspective, large account long positions are predominant, but the active buy-sell ratio remains stable, indicating institutional players are gradually reducing long positions and shifting towards a defensive stance. Consolidated support and resistance levels show that recent 1-hour support is concentrated between 3680 and 3730; if this support is broken or rebounds are weak, further testing of 3365 (S1) may occur. The overall assessment indicates that the short-term trend is mainly inertial downward movement, with little chance of large-scale rebound in the near term. It is recommended to adopt a wait-and-see approach for trading; aggressive short positions could be partially closed around 3730 to prevent losses from a strong rebound pattern.