Binance ETHUSDT 1h Trend Prediction

ETHUSDT has been in a persistent downtrend within the past 1-hour period, with the price clearly breaking below all key moving averages (MA5/MA10/MA20), and the moving averages remain divergent, indicating a short-term technical market bias towards the bear side. The Bollinger Bands show the price operating weakly around the middle to lower band, with the bandwidth contracting but the %b below 0.5. Without strong support or a bullish reversal, it is highly probable that the price will gravitate toward the lower band. The MACD indicator continues to exhibit a bearish downward pattern; although current values are converging, no bullish crossover has formed at the bottom, and short-term momentum remains being released. The market has yet to show signs of a bullish reversal. RSI across various periods indicates dominance of the bear side but has not entered the extreme oversold zone. Coupled with the low position of the KDJ, there remains room for the price to continue downward in the short term. The DMI indicator shows strong trend momentum, with the high ADX suggesting larger future volatility. The primary trend remains downward, so vigilance is needed for accelerated decline. Support and resistance analysis: The current price is only a few points above S1 (3055 support zone). Downward recovery requires observation of support; if the price effectively breaks below, it may further decline toward the target range of 3090-3150 or lower. Trading volume has increased, but both active buy-sell ratios and largeholder long-short positions are skewed toward the bullish side, indicating the market is absorbing declines. The primary trend remains unchanged, with potential for short-term stabilization, but no indication of a trend reversal. Based on comprehensive technical indicators and market sentiment analysis, the price is expected to continue downward within the 1-hour timeframe toward the 3090-3150 range. Should it break below the 3055 support level, further acceleration of decline should be anticipated. Position management should be strict; short-term traders may consider remaining cautious or attempting to chase short positions, with a stop-loss set above 3160. The take-profit range can be referenced between 3090-3110.