Binance ETHUSDT 1h Trend Prediction

Comprehensive analysis of current market data indicates that ETHUSDT has demonstrated significant downward pressure within the past 1-hour period. Bollinger Bands show the price approaching the lower band, implying increased downward momentum. MACD indicates a substantial negative value, and the negative divergence between the DIF line and DEA line has widened, intensifying market pessimism. The RSI indicator is in the oversold region, suggesting a potential rebound in the long term, but there remains short-term downside space. While the long-short account ratio and large holder positioning ratio suggest bullish dominance, the upward momentum is insufficient to reverse the trend. Continued expansion of trading volume may further deteriorate market sentiment, and the amplitude is negative, indicating a bias toward lower prices. It is recommended that investors monitor key support levels. If the price falls below S1 (3066.17), it may test the next support S2 (2978.0). In the short term, it is advisable to wait for a clear trend before intervening to avoid excessive risk. Short-term operations should mainly observe; consider entry only upon clear bullish rebound signals.