Binance ETHUSDT 1h Trend Prediction

ETHUSDT has exhibited strong bearish weakness within the 1-hour cycle, having breached the lower Bollinger Band, with no signs of a robust rebound; meanwhile, the bandwidth in the lower band region is significant, indicating intensified volatility but no easing of the downtrend. RSI across multiple timeframes is at historically low levels, with prolonged oversold conditions. Although there is potential for a short-term technical rebound, the overall trend remains unchanged, dominated by directional bearish pressure, highlighting weak market features. Both lines of the MACD indicator are deep below the zero axis, with the red bars steadily expanding, suggesting decisive selling pressure over the recent period. All three lines of the KDJ are in the oversold zone, with no clear reversal signals in the short term, making further downward movement more probable. In the DMI, the -DI significantly exceeds the +DI, and the ADX is above 45, indicating a strong current downtrend with active trading predominantly in the bearish camp, and major capital flowing out of the position. The moving average system nearly fully suppresses the current price; in the short term, it is unlikely to return to the MA20 level around 4502, as multiple moving averages form resistance above. The support level S1 (4283) is relatively close; an accelerated decline would directly test S1. If a rebound occurs intra-session, resistance at 4498-R3 is evident, making rapid reversal unlikely. It is expected that the price will fluctuate within the 4283-4340 range or even probe further toward S2 and S3, but lack of reversal signals from capital flow suggests no substantial rebound is anticipated for now. Trading suggestion: focus on selling high, exercise caution when chasing lows, and patiently wait for clear reversal signals. If there is a short-term rebound, monitor whether resistance appears at 4340-4400. Overall, considering multiple technical indicators resonating with bearish signals, lack of volume expansion supporting bullish momentum, and major trading activities remaining predominantly bearish, the primary behavior in the upcoming 1-hour or shorter timeframes will prevail.