Binance ETHUSDT 1h Trend Prediction

ETHUSDT near 400 candlesticks show an overall stepwise upward trend, but the current price is restrained between the middle Bollinger Band, lacking momentum for a breakout. Indicator observation: Short-term overbought signals are evident, RSI6 remains high, KDJ J value is very high, indicating recent price surge has weakened momentum, and bulls should be cautious. MACD remains negative, suggesting profit-taking behavior, and the short-term may enter a sideways correction phase. Active buy-sell ratio of 1.2 and the long-short position/account ratio are both in the strong bullish zone, but the price has not effectively broken above the upper Bollinger Band, reflecting that while bulls are strong, there is significant upward pressure. 24-hour trading volume is high, showing strong market attention. There remains substantial support below the current price (S1: 3103), but overall volatility (ATR) and swing amplitude have not shown sharp changes, indicating a higher probability of consolidation. It is expected that within the next hour, ETHUSDT will fluctuate at a high level within the 3300-3380 range. It is advised to wait for a pullback confirmation before considering trend-following positions. Short-term chasing of rallies is not recommended as a new breakout momentum has not formed. Unless there is a high-volume breakout above the 3384.9 upper Bollinger Band, the price is maintained in a high-level consolidation; if it drops below MA5, caution should be taken for a pullback towards support zones.