Binance ETHUSDT 1h Trend Prediction

From the candlestick pattern perspective, ETHUSDT has experienced high-level oscillation after a surge in the past hour. Trading volume expanded during the upward move and then decreased, indicating that after profit-taking by the bulls, some selling pressure emerged, and the market entered a divergence zone. The Bollinger Bands show the price fluctuating near the mid-band, without breaking through the range. The high points have not been sustained, and the oscillation range is clearly defined. Short-term trading should focus on quick entries and exits. Both MACD and KDJ indicate weakening upward momentum and show signs of technical retracement. RSI6 is in an extreme overbought condition, suggesting that the main funds might be oscillating at high levels to clean out floating positions, awaiting a new directional decision. The long-short account ratio and large institutional holdings are skewed towards bulls, but the active buy-sell ratio and funding rate have not reached extreme levels, implying that the main players are not in a hurry to push higher. Market sentiment remains relatively moderate, with no sudden bullish or bearish news affecting fundamentals. The support zone is below 3103.8. Currently, the price is relatively far from the support zone, and there is no obvious resistance above. It is expected that the short-term will see wide-range oscillation between 3300 and 3380. It is advisable to adopt an interval strategy for short-term trading: avoid chasing highs at high levels, cautiously build long positions at lows, and prioritize waiting for volume breakthroughs or pullbacks to support before determining direction. Stop-loss is recommended at 3280, and partial profit-taking can be considered below 3380. Overall, the short-term upward trend of ETHUSDT appears to be nearing completion. Rapid rebalancing of technical indicators through sideways movement or intra-session rapid declines is necessary before the next bullish push. Although the main force appears willing to control the market, no definitive breakout has occurred.