Binance ETHUSDT 1h Trend Prediction

ETHUSDT is currently at recent highs, with the price approaching the upper band of the Bollinger Bands but without a strong breakout, indicating obvious resistance. Although the MACD is showing signs of bullish recovery, the DIF and DEA values remain in negative territory, suggesting the trend has not strengthened and the bullish momentum could quickly turn into sideways correction. The short-term RSI is extremely overbought, and the KDJ J value is very high, indicating technical pressure for adjustment. Despite the MACD displaying bullish repair, the DIF and DEA remain negative, implying the trend has not gained strength and upward momentum could shift to consolidation or correction at any time. In the moving average system, MA5 and MA10 are below MA20 but significantly below the 50-day moving average, suggesting short-term volatility without a sustained breakout. Market structure in terms of long-short ratio and active buying and selling shows that funds are tilted towards the bulls, but the chasing rally sentiment is not at a high level. Meanwhile, large institutional long positions are quite substantial. If the funds do not continue to support the rally, the market may shift to high-level consolidation or slight pullback. Support and resistance levels indicate R2 resistance at 3239, with the current price in this zone. S1 support is below 3190, forming a clear zone structure. Although trading volume is high, there has been no formation of explosive volume, suggesting cautious short-term trading sentiment. Overall assessment: In the next hour, ETHUSDT is likely to hover within the 3190-3235 range, experiencing initial rising, then falling back, and subsequently oscillating. Effective profit-taking and cutting losses are possible during this process, but the probability of a strong breakout or deep correction remains low. Investors are advised to avoid chasing high prices; short-term operations should adopt range trading strategies, with a somewhat conservative approach. Wait for signals indicating a new directional move before following trades. Stop-loss can be set below 3185, with take-profit targets in the 3230-3235 range. If below 3180, decisive stop-loss should be executed. A clear upward breakout above 3240 would be needed to follow along with long positions. Current focus should be on whether trading volume continues to expand and the pace of technical repair.