Binance ETHUSDT 1h Trend Prediction

The current ETHUSDT price is approaching the upper band of the Bollinger Bands, with percent_b at 0.936. Coupled with the candlestick chart showing sustained upward pressure over the recent hours, the technical outlook is strong with a clear upward trend. Although overbought conditions may be unfavorable in the short term, large institutional holdings and active buying and selling ratios both indicate that the main forces remain bullish, and the market structure displays a bullish arrangement. MACD has experienced a consecutive golden cross, with DIF and DEA continuing to rise and the red histogram extending, indicating a significant bullish momentum. All moving averages are in a bullish alignment, with the price well above the MA200, reflecting a strong upward trend within this cycle. Although RSI6 and RSI12 have entered overbought territories, RSI14 and RSI24 remain at relatively high levels, suggesting strong capital inflow and that the short-term may still push higher. The DMI indicator's +DI is notably higher than -DI, with the ADX reaching 24.85, indicating a trending market regime. The amplitude and volatility also suggest further upward potential. When considering volume, trading activity in the past hour has been active without signs of sudden volume spikes or sell-offs, demonstrating good control by the main participants. Note: Due to the overheated short-term conditions (high RSI and high percent_b), a slight pullback or retest within the next hour is possible, shifting the target range upward to 4530-4560. In case of sharp fluctuations, close attention should be paid to potential short-term pullbacks near the upper Bollinger Band. For aggressive traders, it is recommended to initiate long positions after a pullback at lower levels, with a stop-loss set below the recent support at S1 4403. The target zone is 4530-4560. Do not chase the peak prices; prioritizing risk management is advised.