Binance ETHUSDT 1h Trend Prediction

High timeframe analysis shows recent ETHUSDT capitulation candle with a swift bullish reversal. Price bounced near historical confluence zone (~3200), triggering buy volume spikes and confirming institutional accumulation. Bollinger Bands expansion, percent_b ~0.99, price at upper band: short-term upward extension likely, typical to see limited retracement before further rally (volume supports trend). MACD golden cross forming, histogram rises sharply—favors trend-following bulls, especially with no bearish divergence. RSI/KDJ indicate short-term exhaustion but large account bias suggests uptrend is not exhausted; expect minor pullback but higher low to follow. Moving averages (MA5-50) coiled below price, with MA50 (3437) acting as magnet; expect challenge of 3500 psychological and technical resistance after short-term breather. Derivatives metrics show aggressive long accumulation (whale long/short ratios 2.70-3.19), increasing probability of squeeze continuation. Funding rate ultra-low, so no excessive long crowding risk. Volume profile reflects robust participation during rebound phase; pullbacks bought quickly. Risk management: Stop-loss below 3400, ideally near recent swing low (support cluster 3385-3405). Take profit at 3510 (next resistance and Bollinger extension target). If pullback occurs, build position near 3400 MA cluster. For tactical trading, wait for confirmation of support at/above 3400, then pursue phased long entries. Shorter timeframes (<1h) show overextension, moderately elevated risk. Immediate exits on breakdown below key cluster. Aim for capital preservation while opportunistically scaling in on dips.