Binance ETHUSDT 1h Trend Prediction

Prices are fluctuating around the middle band of the Bollinger Bands, showing no signs of breakout; the market remains in a wait-and-see stance. The MACD indicator is negative but oscillating, combined with a high RSI indicating upward pressure correction, overall limited potential for both upward and downward movement. The current active buy-sell ratio is 0.9716 and the long-short account ratio is 1.5940, reflecting that market participants are slightly inclined toward a wait-and-see attitude with a cautious outlook. Large traders' holdings are predominantly long, but the account ratio suggests cautious sentiment, potentially leading to short-term consolidation. Trading volume has not shown a significant increase, indicating moderate trading enthusiasm and supporting the price within its current fluctuation range. Technical indicators and chart patterns suggest a neutral trading approach; avoid chasing highs or rushing to short positions. In the short term, consider observing and entering after momentum clarifies.