Binance ETHUSDT 1h Trend Prediction

Currently, ETHUSDT continues to oscillate and move upward along the ascending channel, with a clear bullish alignment of moving averages, especially the significant support from short-term averages. The Bollinger Bands show no obvious convergence or expansion, with the price fluctuating around the upper middle band; the bandwidth is normal, indicating that the upward trend remains stable. MACD has generated a golden cross with positive momentum continuously expanding, suggesting that the main upward wave is not over and there is still room for short-term growth. RSI across multiple periods remains in the strong zone; although approaching overbought levels in the short term, there is no deterioration. Coupled with the strong KDJ lines, there is theoretically still potential for a surge in the short term. Large traders hold a very high long-short position ratio; major funds continue to heavily buy, while retail accounts tend to be more cautious or potentially follow passively, with the trend dominated by institutional influence. The 24-hour amplitude is limited (0.277), and ATR volatility is 44.9, indicating a low probability of sharp market fluctuations. After a rally, some consolidation within a range may occur. Resistance level R1 is at 4331.99; if a strong breakout occurs within the next hour, the target could be up to 4370. If encountering resistance, retesting the support below 4300 may have limited probability. Overall, a bullish bias is recommended with caution for risk management during short-term surges. Trading suggestion: Aggressive traders may consider building long positions around 4300-4310, aiming for the 4330-4370 range, with stop-loss placements near 4290-4280. If an abrupt rise shows divergence, partial profit-taking is advised, while maintaining a core position. During trading, watch out for extreme values in KDJ and RSI resonating, which could signal overbought conditions and potential pullbacks.