Binance ETHUSDT 1h Trend Prediction

ETHUSDT experienced significant distribution followed by a high-volume breakdown, as reflected in the chart's lower highs and repeated support failures. Current price action finds ETH below all meaningful moving averages except MA5, signaling persistent supply pressure. Bollinger Bands percentage and lower bandwidth support constrained volatility, reflecting lack of aggressive buyers and a tendency to drift lower with each failed recovery. No reversal or bullish engulfing patterns detected in recent hourly K-lines. Whale positioning is notably bullish, yet retail sentiment is cautious. Historically, such a divergence coincides with market squeezes and temporary liquidity events before true trend reversal—at this juncture, downside remains favored until clear bottoming takes shape. MACD profile shows negative histogram with declining curve, while RSI signals oversold but no positive divergence. This supports a thesis for continuation of the correction over the next 1-2 hours unless extreme short-term exhaustion triggers a bounce. Stochastic/KDJ underlines lack of momentum, with J-line oversold and not yet reversing. Hourly candlesticks remain in bearish sequence with no bottom formations. Trade strategy: Short bias with entry around 3380-3390, initial target 3330-3360 (recent local lows). Stop-loss recommended at 3420 USDT (just above MA10/mid-band resistance). If support at 3330 breaks, extended downside to 3260 possible. Take-profit at 3360. Risk management: Avoid countertrend longs until confirmed bottom structure (volume spike + MACD/RSI divergence + bullish KDJ cross). Maintain position sizing at 1-2% portfolio risk per trade. Partial profit booking near 3360. Multi-timeframe view: 4h chart also shows continuation of downtrend with lower highs and declining volume, enhancing probability of further near-term losses.