Binance ETHUSDT 1h Trend Prediction

Analyzing the K-line chart trend, ETHUSDT has experienced a high-level consolidation in the early stage and is now showing a clear downward trend. The price has fallen from a high of 4200 to the current level of 3435, with a significant decline. Comprehensive technical indicator analysis indicates a clear bearish signal: RSI14 is at 30.94 in the oversold region, but short-term RSI6 reaches as high as 73.74, forming a typical divergence, implying limited rebound strength. The MACD indicator remains in the negative zone, with the histogram also negative, confirming downward momentum. Bollinger Band analysis shows that the current price is near the middle-lower band, with a %B of 0.407, closer to the lower band. Considering the Bollinger Band width of 0.063, which indicates moderate volatility, the price is tending to move closer to the lower band. The KDJ indicator presents a typical overbought correction signal: the J-line at 79.22 far exceeds the K-line at 53.21 and D-line at 40.21, forming a clear top divergence, indicating a short-term continuation of adjustive movement. The DMI indicator shows the negative DI- at 24.58 is significantly higher than the positive DI+ at 18.96, confirming the dominance of bear sentiment. From moving average system analysis, the price has broken below the MA20 at 3455 and MA50 at 3481 levels, although it remains slightly above MA5 and MA10, but overall indicating a bearish arrangement. Support and resistance analysis shows recent support levels at S1 3356.74 and S2 3192.92. Exchange data shows that although the long-short account ratio is 2.74 and the large account long-short positions ratio is 2.43, indicating bullish dominance, the active buy-sell ratio is only 1.05, reflecting limited buying pressure. Coupled with clear bearish signals from technical analysis, it is expected that the price will continue to decline. Based on comprehensive technical indicators and market structure analysis, it is recommended to gradually establish short positions in the 3400-3450 range, with targets around 3350-3400. Stop-loss should be set above 3480, corresponding to the MA50 moving average. For risk management, it is advised to enter positions in batches and strictly follow stop-loss discipline. Operational strategy recommendation: wait for a rebound to the 3450-3470 resistance zone to initiate short positions, targeting 3350-3400, with a stop-loss at 3480. If the price directly breaks below 3400, consider re-entering short positions on a pullback, but control position size to prevent oversold rebound risks.