Binance ETHUSDT 1h Trend Prediction

The recent dominant trend of ETHUSDT remains bullish, with the long-term moving averages trending upward overall, indicating the primary direction is still optimistic. However, following a rapid surge (many long bullish candles and high trading volume on the right side of the chart), a correction signal has appeared. The MACD is currently in negative territory, with the DIF turning downward and a death cross with the DEA, indicating weakening short-term momentum and resistance to further upward movement. The break below MA5 from MA10 further confirms a short-term correction. The RSI shows significant divergence—RSI6 has sharply fallen to 26, entering oversold territory with a short-term rebound possible. Meanwhile, RSI14 and RSI24 remain above 60 and 70 respectively, suggesting increased resistance in the larger cycle. This could lead to a tug-of-war between bulls and bears, with volatile oscillations dominating. The KDJ indicator’s three lines are all relatively low, especially the J value at only 16, indicating short-term downward momentum has been exhausted. The index may experience limited short-term rebounds, consistent with Bollinger Bands’ middle oscillation pattern, implying the market has not chosen a definitive direction. From the market view, large traders and overall accounts are predominantly long, but no sustained upward push has occurred. This indicates that both institutional and retail funds are cautious, focusing on range-bound trading rather than aggressive long positions. Support and resistance levels are clearly defined. Resistance at R1 (4794) presents a significant barrier, while support at S1 (4364) and S2 (4224) are critical; the price is expected to oscillate between R1 and the current level. During high volatility phases, it is not advisable to chase rallies or sell into dips. In summary, under the bullish trend, the short-term market has shifted into a high-level range-bound oscillation, pending further recovery of MACD and KDJ indicators. Operationally, it is recommended to avoid blind long entries; instead, consider buying low near support and selling high near resistance. If the price falls to around 4650 without significant volume on a breakdown, a small long position can be tested. Breaking above 4850 suggests a short-term bullish continuation.