Binance ETHUSDT 1h Trend Prediction

The current ETHUSDT price is between the middle and lower Bollinger Band, with percent_b at -0.115751, indicating that the lower band has not yet formed effective support and is under short-term pressure. The MACD indicator's DIF and DEA are both positive, but the MACD value is -40.202, representing strong short-term bearish momentum with a risk of further decline. Multiple RSI readings are extremely low (RSI6 at 3.59, RSI14 at only 14), indicating an oversold condition that may accumulate potential for a rebound, but the inertial downward trend has not ended, and short-term correction room is limited. The KDJ lines are severely downward, especially with the J line negative, signaling a phase of extreme weakness with insufficient rebound momentum. DMI- (25.45) is significantly higher than DMI+ (19.07), and with ADX exceeding 40, the market trend is established and primarily dominated by bears. The right-side trading period should follow the trend accordingly. Although both long and short accounts and large traders' positions are predominantly long, the active trading ratio is 0.7637, indicating low bullish initiative, making it difficult to reverse the weak structure in the short term unless driven by capital inflows or structural positive factors. Despite volume expansion, there are no new highs accompanying it, indicating weak support after the plunge; prices are likely to continue seeking effective support in the 4550-4610 range before stabilizing. It is recommended to short or remain sidelined; consider going long only after the price retraces near 4550 with strong support volume and indicator divergence recovery. Currently, it is not advisable to chase shorts or rush to buy the dip.