Binance ETHUSDT 1h Trend Prediction

From the candlestick chart, ETHUSDT has maintained an overall upward trend over nearly 400 hourly periods, but recently experienced a significant pullback, with the price approaching the lower Bollinger Band. The short- and medium-term moving averages (5, 10, 20, 50) are all positioned above the price, indicating a clear short-term bearish trend. The MACD indicator's negative value is widening, signifying strengthening bearish momentum and rendering short-term buying efforts unlikely to succeed. The RSI indicator has fallen below 30 across all periods, suggesting oversold conditions; however, in conjunction with other indicators, no reversal signals have been observed yet, implying that funds are not currently bottoming out decisively. The KDJ lines are operating at low levels without apparent divergence or rebound patterns, indicating a high risk of continued consolidation at low levels. The DMI indicator shows that dmi_minus is significantly higher than dmi_plus, with the ADX exceeding 28, confirming a persistent bearish trend. Trading volume has not experienced dramatic increases, indicating that during the decline, there has been no large-scale accumulation by active funds, suggesting limited potential for a strong short-term rebound. The active buy/sell ratio is below 1, predominantly indicating passive long positions. Coupled with large institutional holdings, this suggests that while major players may be engaged in strategic battles, the market's proactive buying momentum is limited, and market sentiment is weakening, warranting caution against potential further declines. Overall assessment: If the price cannot establish effective support at 3525 in the short term, further decline is likely. Conservative traders may consider a phased approach with light positions between 3525 and 3580 for potential low buying; if the price falls below this range, reduce positions or exit; if it breaks above 3625, wait for a confirmed rebound before considering further action. Risk warning: The short-term bearish trend is clear; avoid contrarian buying during a dip, and do not act rashly without stabilization. Suggested stop-loss is below 3510.