Binance ETHUSDT 1h Trend Prediction

Based on 1-hour candlestick chart and 400 data points, ETHUSDT experienced a rise followed by a decline; the current price is below the middle Bollinger Band and is oscillating near the lower Bollinger Band, indicating short-term resistance and an increased risk of breakdown. From the moving average system perspective, the 5, 10, and 20-period moving averages are all above the current price, showing a weak short-term rebound; MA50 is significantly higher than the current price, clearly indicating a downward trend. Although a slight golden cross appears for MACD, it remains in the negative zone overall, with weak histogram momentum, casting doubt on the sustainability of any rebound. RSI6 has fallen below 30, indicating extreme short-term weakness; the market may have some rebound demand in the short term, but considering historical trends and main account holdings, there is a higher probability of further decline. KDJ lines are diverging, with J-value plunging, signifying accelerated downward momentum; the oversold zone has not yet completed a rebound recovery. The DMI bearish line significantly surpasses the bullish line, and the ADX remains at a high level, indicating a strong downtrend; caution is advised against rushing to bottom fish. While large holders' positions are relatively bullish, active buy orders are comparatively low, suggesting probable manipulation or deceptive behavior by the main force; short-term caution is warranted against accelerating downtrend. Pay attention to the short-term support zone between 3625 and 3665; if broken, the downward acceleration risk increases, with a higher chance of retesting S1 (3476.1) or even lower levels. Overall, it is advisable to maintain a wait-and-see approach or lightly short the market, with stop-loss set above the middle Bollinger Band at 3700. If the price stabilizes within the 3625-3665 range, consider short-term rebounds; if rapid breakdown occurs, layer in short positions accordingly. Emphasize rigorous risk management and capital control.