Binance ETHUSDT 1h Trend Prediction

The current ETHUSDT price is operating below the middle band of the Bollinger Bands, and still at a certain distance from the lower band, without forming a clear breakdown or strong rebound trend. The Bollinger Band width is moderate, indicating a consolidation within a range. The MACD indicator shows signals of a weak short-term rebound, but since both dif and dea are negative, the overall market momentum remains weak, and conditions for a bullish trend continuation have not been met. All RSI indicators are in neutral or slightly weak zones, not indicating overbought or oversold conditions. The RSI6 shows some downward pressure in the short cycle, but overall market sentiment is still on hold. The short-term moving average system exhibits a dead cross (MA5 < MA10 < MA20), while the long-term moving averages are flat, forming a pattern of profit-taking followed by consolidation as shown in the candlestick chart. The KDJ indicator is in a neutral to slightly strong zone but without a clear turning point, suggesting potential fluctuating oscillations in the near future. Bullish and bearish indicators show that large traders' positions are relatively long, and the active buy/sell ratio is close to equilibrium, indicating that the main capital is holding a cautious stance rather than pushing strongly for a breakout. Support and resistance zones are clearly defined, with S1 and R3 levels close to the current price, making the trading range reasonable. It is expected that the subsequent movement will mainly be within this range. Considering the overall technical indicators and main capital behavior, it is predicted that ETHUSDT will fluctuate within the 3080-3125 range over the next hour. A short-term strategy of buying low and selling high is recommended instead of chasing rallies or panicking during dips. If a breakout above 3125 occurs, attention should be paid to the first resistance at 3221; if it falls below 3080, then the support at 2970 should be monitored. Trading advice focuses on short-term high-low trades, with positions kept relatively light.