Binance ETHUSDT 1h Trend Prediction

From the candlestick chart analysis, after experiencing a significant rally in the early stage, the recent price has entered a high-level consolidation phase. Although the main positions have increased, the overall market rally speed has slowed, with short-term patterns showing signs of high-level correction and range-bound consolidation. A continuous short squeeze trend has not persisted. The distance between the upper and lower Bollinger Bands has not expanded significantly; the current price is near the midline but remains constrained by the upper band. The momentum for a clear breakout is lacking, and the amplitude is only -3.8, indicating a low probability of a large short-term unilateral breakout. From the combination of MACD and RSI indicators, they are in a standoff recovery phase. The RSI shows a long-term retreat while the short-term oscillates. The bullish and bearish sentiments are in a tug-of-war, without a clear direction. Funds have not formed a consensus, though the predominant long positions suggest some cushioning, making range-bound correction more probable. The large investors' long-short holding ratio is very high, which theoretically favors a bullish outlook. However, active buy-sell ratios and the long-short ratio of ordinary accounts indicate some funds are locking in profits. Overall, the market trend leans toward range-bound oscillation and correction. Both technical and volume indicators point to high-level range oscillation. The price is likely to operate between 4400 and 4550 in the next hour. Support levels to monitor are below S1 (4216.61). If volume increases and price breaks downward, risk should be managed carefully. An upward breakout requires attention to the resistance level at R1 (4794). Operational strategy should focus on high sell and low buy within the range. In a ranging market, the price may have limited breakout space, so controlling positions and stops is crucial. If the price continues upward breaking through the range, observe whether it can stabilize above 4550 with volume support.