Binance ETHUSDT 1h Trend Prediction

The recent hourly chart trend of ETHUSDT has been predominantly bullish, with candlesticks steadily rising and volume supporting the upward movement. The current upper band of the Bollinger Bands is at 3863.53; the price is approaching but has not fully touched the top, implying potential for further upward breakthroughs. If volume persists after challenging the upper band, an upward move towards the resistance zone of 3900-3940 is expected. MACD values indicate a very strong bullish sentiment, with the red histogram continually expanding, a typical sign of trend continuation. All moving averages are trending upward, and the price is above all major moving averages. Any short-term dips or retests present buying opportunities for short-term add-ons. Although the RSI6 value is extremely high, signaling short-term overbought conditions and risk of a pullback, market drivers and major holders are predominantly long, with significant active buy volume and a high bullish-to-bearish ratio. High levels may continue to inertia upward, and no technical signals of a top or reversal have appeared yet. KDJ is strongly bullish with dominant bulls; the extreme zone may persist for several hours. If volume continues to increase, the price could challenge the 3940 resistance. Minor pullbacks to around 3850 are supported by strong buying support; corrections should conclude within 3-5 candlesticks, allowing for renewed strength. Trading strategy recommendations: The current upward trend is clear; on the 1-hour timeframe, further long positions are advisable with target zones at 3900-3940. Partial profit-taking can be implemented at resistance; if pullbacks do not breach 3850, additional buys are recommended. Given RSI6 is high, any failure to break 3940 and subsequent fall should prompt short-term risk control. Stop-loss should be set below 3820 (based on MA5 and MA10 support bands); only if this level is broken shift to a sideways or defensive posture. Overall position sizing should avoid chasing high leverage; consider incrementally taking profits and employing defensive measures. In summary, multiple indicators with high confidence point to an 'extremely strong inertia bullish' in ETHUSDT in the short term, with an expected target of 3900-3940 within one hour. Continuous monitoring of volume, candlestick patterns, and MACD divergences is necessary to guard against rapid trend reversals.