Binance ETHUSDT 1h Trend Prediction

From a comprehensive technical analysis perspective, ETHUSDT is currently in a clear downtrend. The price has sharply retreated from its high point, breaking below all major moving averages support levels, and the technical pattern exhibits a typical bearish alignment. The RSI indicator shows a severely oversold condition, with RSI12 and RSI14 both below 10, which in technical analysis indicates an extremely oversold region. Although overselling may lead to a short-term rebound, in a strong declining trend, prices often continue to seek new lows in oversold territory. The MACD indicator has fully turned negative, with the DIF line deeply falling into the negative zone, and the gap with the DEA line widening, indicating that bearish momentum is continuously strengthening. The negative values in the MACD histogram further confirm the presence of selling pressure. Bollinger Band analysis shows that the price has broken through the middle band support, currently operating between the middle and lower bands. The Bollinger width of 0.097 indicates moderate volatility, with the price trending towards the lower band at 4178.23. The DMI trend indicator clearly shows that bears dominate, with DI- reaching 63.28 far exceeding DI+ at 2.84, and the ADX reaching 50.61, indicating a very strong trend, suggesting that the downward trend will persist. From a market sentiment perspective, although the large traders' long-short ratio is 2.754 indicating a bias towards long positions, the active buy-sell ratio is only 0.8071, implying buying power is insufficient. The negative funding rate also reflects that bearish sentiment is prevailing. In the KDJ indicator, both K and D values are in the low zone, with K at 28.7 and D at 22.64; although J has slightly rebounded to 40.83, it remains in a weak region. Overall, these indicators support the continued downward movement. Based on the current technical indicators' extreme oversold condition and strong bearish signals, it is expected that the price will continue to decline towards the Bollinger Band lower boundary around the 4150-4180 region for support. Investors should proceed with caution, wait for clear signs of a bottom before considering buying the dip.