Binance ETHUSDT 1h Trend Prediction

From the overall trend of the candlestick chart, ETHUSDT has been declining from its peak, with all cycle moving averages still failing to form effective support, resulting in weak short-term rebounds. Bollinger Bands data indicates that the current price is near the lower band; the risk is that a breakdown below the lower band could trigger further downside, with 3055 as the primary support level. In the short term, there is resistance below 3200. Although there is a slight golden cross in the MACD indicator, both the main and signal lines remain negative, suggesting that weak rebounds may be suppressed by bearish traders and a reversal is unlikely at present. RSI and KDJ both show dominance of the bears, indicating a low likelihood of a short-term rebound. While trading volume is relatively high, it is not accompanied by an obvious turning point, implying that funds are more in a defensive or withdrawing stance rather than actively entering the market. The ongoing expansion of volatility suggests selling pressure remains unrelieved. Large traders' long and short positions, as well as account ratio data, indicate a bullish advantage, with market participants showing a tendency for major players to hold control; however, current capital has not created resonance with the price, suggesting that bulls may be awaiting lower entry points, making it difficult to reverse the short-term bearish trend. Overall, it is assessed that in the next hour, the price still has downside potential, targeting the 3120-3180 range. Breaking below 3055 could trigger a larger-scale correction. It is recommended to observe short-term or take light short positions, with stop-loss levels near the lower band, while remaining cautious of sudden bullish rebounds.