Binance ETHUSDT 1h Trend Prediction

The ETHUSDT current candlestick chart shows a pattern of rising from the lower end of the range to the higher end followed by consolidation, with moving averages exhibiting a typical bullish alignment. The MA5 and MA10 consistently remain above the price, suggesting potential continued upward momentum. The distance between the upper and lower Bollinger Bands has widened, and the percent_b is at 0.57, indicating that the current price is not in an extreme high position. The band width is relatively large, increasing short-term fluctuation amplitude, which is conducive to renewed bullish efforts. Although the MACD is in a short-term negative value, the gap between DIFF and DEA is narrowing, increasing the likelihood of a golden cross driven by bullish sentiment, indicating potential for upward attack. The RSI across multiple periods is in the strong zone but not overbought, implying room for further upward movement. The KDJ J value is low, suggesting a short-term correction and rebound possibility. The active buy/sell ratio and the large institutional long/short positions are clearly skewed bullish, indicating a dominant bullish sentiment. Coupled with high 24-hour trading volume, the price-volume combination appears favorable. The resistance point R1 is at 3940.81, with an expectation that the price will attempt to break this level. If trading volume follows, short-term resistance is around 3950. ATR and ADX indicate higher volatility and a strong trend, favorable for accelerated market movement. No sharp correction is expected in the short term, with support solidified in the 3800-3870 range. In summary, it is judged that ETHUSDT will remain in a bullish oscillation with a tendency for upward movement in the next 1 hour, targeting between 3920 and 3950. If the resistance is broken, attention can be given to price levels above 3950. It is recommended to follow the trend for long positions with stop-loss set below 3870, adhering strictly to risk control.