Binance ETHUSDT 1h Trend Prediction

The current Bollinger Bands indicator for ETHUSDT shows the price near the lower band, indicating some support. The MACD line is in negative territory, but no clear reversal signal has formed, suggesting a high possibility of consolidation. Both RSI and KDJ indicate oversold conditions, which may lead to a short-term rebound or consolidation-driven momentum. The proportion of large holder positions and the number of accounts are relatively high, indicating that institutional investors or major holders remain optimistic about the market. Trading volume has not experienced abnormal fluctuations, implying overall market participation remains stable, and short-term consolidation may continue. It is advisable to maintain a wait-and-see approach in the short term. If the price pulls back to the support level below, cautious entry can be considered while awaiting further confirmation.