$ETH Price Trend Analysis



1. Candlestick Patterns:

- Recent prices have been fluctuating between 2080 and 2150, showing a consolidation at high levels.
- A rebound occurred after a sharp decline earlier, but the rebound strength has weakened, forming long upper shadows and small real bodies on the candlesticks.

2. Technical Indicators:

- MACD: In the 4-hour cycle, the MACD histogram has shifted from red to green, with DIF and DEA still in negative territory, indicating that the bearish momentum is dominant but showing signs of weakening.
- RSI: The RSI14 value is 47.84, not entering overbought or oversold zones, suggesting market sentiment is neutral.
- EMA: EMA7 (2094.36) has crossed below EMA30 (2115.75), indicating clear short-term resistance; EMA120 is far from the current price, and the long-term trend remains bearish.

3. Volume:

- Daily trading volume has been gradually decreasing, indicating increased hesitation from both bulls and bears.
- During the 4-hour cycle, volume spikes occur during highly volatile periods, but current trading volume has returned to a subdued state. $BTC $ETH
ETH-3,68%
BTC-2,42%
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