Binance ETHUSDT 1h Trend Prediction

ETHUSDT has been in a relatively weak sideways consolidation in the past hour, with Bollinger Bands contracting and ATR volatility relatively low. This is reflected in the candlestick chart, which primarily shows range-bound oscillations without any breakout trend. Despite a slight golden cross in MACD, the amplitude is limited. Market data indicates that large traders are predominantly long, but this does not push the price out of the sideways range. The number of accounts and the ratio of active buying and selling suggest that there is still no clear short-term direction. RSI6 shows extreme low values, mostly occurring after significant short-term declines during the early rebound phase from oversold levels. However, combined with the neutral performance of RSI14 and RSI24, this indicates that the overall rebound momentum is limited. The low J line in KDJ suggests that while the bulls wish to rebound, they lack sufficient strength. Support levels are between 3810 and 3836, which may provide short-term support during a decline; resistance near 3880 is reinforced by the Bollinger upper band and dense MA resistance, forming a stage resistance zone. Unless there is a sudden influx of large capital orders, upward breakout remains challenging. The ratio of large account long positions/accounts is relatively high, implying that main market players are optimistic about a bullish trend. However, the weak chasing of prices and insufficient retail follow-through suggest that during declines, rapid rebounds may occur but with limited scope, with the overall trend remaining oscillatory. Overall, it is expected that within the next hour, the price will fluctuate within the 3810-3880 range. It is recommended to perform short-term buyings near support levels and to exit quickly when encountering resistance at higher levels. Wait for the trend to clarify before making strategic entries. Risk control suggestions: If the price falls below 3810, the next key support is around 3730. If the price breaks above 3880, attention should be paid to the 4000 mark and changes in trading volume.