Binance ETHUSDT 1h Trend Prediction

Overall, ETHUSDT is currently in a oscillating upward range, having recently experienced a strong rebound following a wave of volume release, and still possesses the momentum to push higher intraday. The Bollinger Bands width is moderate, with no extreme convergence or expansion, and the price is hovering between the middle and upper bands, indicating that bullish sentiment is controlling the market. Although MACD shows a brief green bar, the main line remains above zero, and no significant death cross signs have appeared, suggesting the short-term upward trend remains intact. RSI6 is overbought, warning of potential short-term pullback, but RSI for 12, 14, and 24 periods have not yet become overheated. Coupled with the J value of KDJ showing strong upward movement, the probability of trend continuation is high. The long-short positions ratio and the number of accounts held by large traders are both extremely skewed towards long positions, indicating strong capital support for bulls and the potential for pulse-like short-term movements. The active buy-sell ratio is slightly below 1, with bull and bear trading nearly balanced. If the bulls continue their pressure, it may trigger a short squeeze. Comprehensive forecast indicates that the main direction in the next hour is upward. Resistance levels include 4835 (Bollinger upper band). If successfully broken, the target to challenge is 4890 for a new high; the primary support zone is 4750–4794. In case of sudden liquidity break or rapid market reversal, caution is advised at higher levels for potential pullback. Short-term trading strategy suggests accumulating in parts: selling high and buying low. Aggressive traders may attempt chasing longs but should set reasonable stop-loss levels. If price breaks below 4740, it is recommended to exit to prevent losses. In case of rapid capital withdrawal, pay attention to the support level at around 4364.