Binance ETHUSDT 1h Trend Prediction

ETHUSDT is currently within the lower band region of the Bollinger Bands. The middle band at 4340.55 has shifted from support to resistance, and the price center of gravity continues to decline, indicating a significant weak market characteristic. From MACD analysis, both DIF and DEA are negative, and the green histogram bars are expanding, suggesting that the bearish trend has not shown a clear reversal; short-term long positions are being continuously liquidated. RSI performance is very weak, especially across 12, 14, and 24 periods, all in the 30-33 range. Market sentiment is pessimistic with limited buying interest. Although KDJ has not fully entered oversold territory, the K and D values are relatively low, making it susceptible to being dominated further by bears. The J value is slightly high, which may trigger further correction. The active buy-sell ratio is at 0.74. Despite the long-short position ratio and institutional long-short dominance being relatively high, the price does not show upward momentum, implying some longs may be trapped or that institutions are shifting positions or conducting shakeouts. DMI and ADX together indicate a trend of gradual decline has been established, with increasing volatility suggesting further downside potential in the short term. In the short term, focus on the first support around 4250. If broken, the next target zone is 4250-4206; if rebounding, 4340 acts as short-term resistance. It is recommended to hold off on new positions or to lightly short on rallies. Overall market volume remains steady but weakening, with no significant influx of capital. Under the current trend, a defensive stance is advisable.