Binance ETHUSDT 1h Trend Prediction

ETHUSDT in the past 1-hour period has been suppressed by multiple technical indicators, with the price continuously declining and currently near the lower Bollinger Band, indicating a clear bearish trend. The moving average system is comprehensively suppressing, and short-term rebounds are weak. The MACD death cross has persisted across multiple periods, and although the histogram has slightly shortened, no trend reversal has occurred. The RSI shows slight signs of stabilization in the short term but remains generally in weak territory, indicating that effective rebounds are unlikely during the decline. The KDJ indicator J value has slightly risen but shows no clear turning point, making a bottom difficult to confirm. Combined with the DMI indicator's strong bearish signals and high ADX, the downward trend is more certain. Long and short positions and account balances favor the bulls, but considering volume and candlestick chart movements, the main force may be engaging in short-term bottom fishing, failing to reverse the downward pattern. Future focus should be on changes in large-volume traders’ behavior. Trading volume has increased alongside the decline, indicating that the price drop is driven by substantial selling, with market short-term volatility high but no clear signals of a bottom. In summary, the probability that ETHUSDT will continue downward in the next 1-hour cycle to the 3550–3620 range is relatively high. It is not advisable to blindly bottom fish in the short term. Observe and wait, while remaining vigilant against further downside risks. If stabilization occurs, look for support levels to re-enter the market.