Binance ETHUSDT 1h Trend Prediction

The short-term indicators for ETHUSDT are exhibiting an extremely oversold phenomenon, with RSI6 reaching an extremely low level, typically suggesting a rebound demand. However, the MACD has a dead cross, and DIF is below DEA with significantly negative values, indicating that downward momentum in the market has not been fully released. The price is operating near the lower band of the Bollinger Bands (lower band at 3279.09), which provides some support but no clear reversal volume has appeared. Recently, KDJ also shows a low-volatility oscillation, but the J value being negative indicates a short-term imbalance between bulls and bears, implying that although technical rebounds are possible, the market is likely to continue consolidating. The moving average system (MA5, MA10, MA20, MA50) is concentrated within the 3317-3339 range, with the current price below the moving averages. Under these conditions, a short-term trend breakthrough is unlikely. The long and short position ratio among major institutional traders and account comparisons are both skewed bullish, indicating a willingness of funds to buy longs. However, the active buy-sell ratio is less than 1, suggesting that the dominant trading activity from active traders has not yet switched to the bulls. Therefore, the probability of a rebound increases but the potential upside is limited. Amplitude is -1.515, and the current ATR volatility is 32.7911, indicating that short-term fluctuations are still relatively large but lack an ongoing directional trend. It is assessed that the upcoming 1-hour trend will predominantly be oscillating with a mildly bearish bias, with an expected range of 3270-3330. If the price continues to decline, watch for support at 3115; for upward rebounds, focus on the 3329-3338 region. It is recommended to adopt a wait-and-see approach, awaiting confirmation of a rebound before entering.