Binance ETHUSDT 1h Trend Prediction

Comprehensive analysis of ETHUSDT current technical outlook indicates that the price is in a rebound phase from low levels. The candlestick chart shows that after a substantial decline in earlier periods, the price has recently stabilized and begun to recover. The Bollinger Bands indicator demonstrates that the price has moved away from the lower band region; with a current percentage of 0.32247, it indicates that the price is moving toward the middle band, providing room for subsequent upward movement. The RSI indicator shows divergence; RSI6 at 77.7036 indicates active short-term buying, while RSI12/14 near the oversold zone at around 30 strongly suggests a technical rebound demand. Regarding moving averages, although the long-term MA200 (value 3324.39) still exerts resistance overhead, the short-term MAs have begun to diverge upward, with MA5 and MA10 both below the current price, suggesting short-term bullish momentum. The MACD indicator remains below zero, but the DIF line has started to cross above the DEA line, with the histogram shrinking, indicating diminishing downward momentum and potential bullish divergence at the bottom. Market sentiment data shows large traders' long-short holdings ratio at 3.1797 and account count ratio at 4.5340, both indicating a clear bias toward the bulls. The active buy-sell ratio of 0.9122 approaches neutrality but remains slightly bearish, suggesting potential short-term consolidation. Volume data reports a 24-hour trading volume of 6.74 million ETH and a trading value of 20.8 billion USD, with relatively sufficient volume supporting a price rebound. An amplitude of -3.497% indicates that the current correction phase is nearing its end. Technical target analysis: The initial target points toward the middle Bollinger Band at approximately 3,094.83; a breakout beyond this level could direct attention toward the MA20 level. Resistance levels are sequentially at 3,080, 3,120, and the upper Bollinger Band at 3,251.38. Risk alerts: Attention should be paid to the 3,000 support level; if broken, the price may retest the previous lows. Upward resistance regions at 3,120-3,150 include previous significant trading zones.