Binance ETHUSDT 1h Trend Prediction

The current ETHUSDT price is near the upper band of the Bollinger Bands, maintaining short-term strength. The fast and slow MACD lines are opening upward with a significant widening of the histogram, indicating continuous bullish momentum. The RSI multi-timeframe indicator is at a high level, though there is a concern of overbought conditions, no obvious reversal has occurred. In the KDJ indicator, the J value is above 90, indicating a high level but no reversal seen yet. Typically, high levels fluctuate repeatedly before a trend reversal. The moving average system is in a bullish arrangement, with the current price trading above MA5 and MA200, indicating a very strong trend. From market sentiment, active buy orders have a slight advantage. The ratio of bullish to bearish accounts and holdings indicates that major funds are clearly leaning bullish. Capital behavior has a driving effect on the price. Support and resistance zones show that the support level S1 is approximately $80 below the current price, while the resistance above is relatively distant (the nearest resistance R3 is at 4556). In the short term, there is no strong resistance suppression. Considering both technical and sentiment factors, it is expected that ETHUSDT will maintain a bullish upward trend within the next hour, with a potential breakthrough towards the $4000 mark. If the resistance is broken, the short-term target area is around 4000-4010. Caution is advised for short-term overbought conditions which may cause a minor pullback. Support levels focus on MA5 at around 3885. Short-term trading should follow the trend, with potential low-level entry upon pullbacks. Stop-loss is recommended near MA20 (approximately below 3910). Target levels are in the 4000-4010 range. More aggressive traders may consider gradually taking profits.