Binance ETHUSDT 1h Trend Prediction

The current ETHUSDT price at 3672.33 is in a technical consolidation phase. According to Bollinger Band analysis, the price is below the middle band at 3705.43, and the Bollinger Band width of 0.028802 indicates relatively narrow volatility, suggesting limited market fluctuations and a sideways trading pattern. Multiple oversold indicators show an increased probability of a short-term rebound. RSI6 and RSI12 are both below 35, indicating clear oversold conditions; the KDJ indicator J value is only 14.09, well below the 20 oversold threshold. These technical signals typically signal a potential technical rebound in the short term. Although the MACD remains negative, with a reading of -10.87, it has shown some convergence compared to previous levels. The difference between DIF (-11.52) and DEA (-6.08) has narrowed, implying diminishing downside momentum and the market potentially entering a short-term balance state. The moving average system shows clear medium-term resistance. The current price is below all key moving averages, with MA5 at 3671.67 and MA10 at 3697.22 forming near-term resistance levels. To confirm a rebound, breaking through the MA10 resistance around 3697 is necessary. Market sentiment analysis shows contradictory signals. The large traders’ long-short position ratio of 2.8263 and the number of accounts at 2.0303 both indicate a somewhat bullish sentiment, but the active buy-sell ratio of 1.0001 is close to neutral. The 24-hour amplitude at -0.878% also indicates a low-volatility state at present. Support and resistance analysis indicates that S1 support at 3525.72 is relatively far from the current price, while R2 resistance at 3674.43 is very close to the current level. Based on comprehensive technical indicators and market structure, it is expected that within the next hour, the price will fluctuate within a range of 3620-3720 in consolidation. Trading suggestion: Currently in a technical rebound window, but upward moving average resistance is evident. It is recommended to look for long opportunities within the 3620-3650 range, targeting 3700-3720, with strict position control and stop-loss set below 3600. Risk warning: Although the short-term oversold condition is obvious, the medium-term trend remains weak. If the price breaks above 3720, attention should be paid to resistance at the Bollinger upper band around 3750-3758; if the support at 3620 is broken, there is a risk of further decline toward roughly 3525.