Binance ETHUSDT 1h Trend Prediction

ETHUSDT's current price is located between the middle and lower bands of the Bollinger Bands. Based on candlestick performance, a short-term upward correction has occurred, followed by a period of consolidation within the range. MACD and moving averages do not present clear trending signals, and RSI oscillates around 50-57, indicating significant bullish-bearish divergence. The main force has yet to form a consensus to push the market for a unilateral breakout. The proportion of large institutional or high-net-worth long positions significantly exceeds the general account long-short ratio, suggesting that certain institutions or high-net-worth individuals have a bullish intent. Meanwhile, ordinary accounts remain relatively cautious. Market speculation increases, but the overall trend remains moderate. KDJ indicator shows a rapid retreat, and the short-term upward momentum is diminishing, indicating potential profit-taking pressure in the short term. DMI and ADX suggest no obvious strong trend. The market is likely to fluctuate within the 4370-4500 range. Short-term trading should focus on range-bound buying low and selling high, avoiding chasing rallies or panic selling. Current support levels are at the lower Bollinger Band and S1 (approximately 4372/4255). Resistance levels are at the upper Bollinger Band and the 4500 psychological threshold. If the price breaks below 4370, attention should shift to the lower bound at 4255. Overall, ETH has shown sideways consolidation in the past hour, awaiting a new directional move. If trading volume and market sentiment surge in the short term, a breakout beyond the range is possible, but current signals are not conclusive. It is recommended to buy low and sell high, and only follow the trend upon a confirmed breakout.