Binance ETHUSDT 1h Trend Prediction

From the candlestick chart, ETHUSDT after experiencing a surge higher has entered a sideways consolidation phase, failing to fall back to the lower Bollinger Band, while the moving average system is interwoven during the current cycle, indicating no clear short-term trend has formed. The MACD remains below the zero line, with decreasing histogram bars, suggesting that market momentum continues to weaken, and major players may be waiting for new catalytic factors, currently not supporting a unidirectional trend. The RSI and KDJ indicators are synchronized in the neutral zone, reflecting moderate market sentiment, with limited overbought and oversold pressures, suitable for range-bound trading. Currently, the active buy-sell ratio and the large account long-short ratio show a bullish bias, but technical indicators have not yet broken through resistance levels, and most short-term funds are observing. Support and resistance levels indicate strong support around 3056-3085, with resistance at 3128-3141; price fluctuations are limited, and a significant upward or downward move is unlikely in the near term. Overall assessment suggests that ETH will mainly consolidate within a range during the next hour, recommending short-term strategy of buying on dips and selling on rallies, paying attention to the above-mentioned levels, and waiting for changes in volume and clearer direction from major players before considering trend-following actions. If the price breaks out of the range, stop-loss should be set below 3050, and take-profit levels can be considered above the resistance at 3128.