【Crypto World】The recent 4-hour trend is looking pretty good. Compared to the same time two days ago, the price has clearly rebounded, not only recovering lost ground but also breaking through yesterday evening’s 8 o’clock high. Yesterday’s candlestick was a small bullish candle, closing above the open, which is quite interesting.
However, there’s a caveat to watch out for—the trading volume is shrinking. The price is rising, but the trading volume is decreasing, which is a bit awkward. The upward momentum seems to be weakening, so caution is advised.
From a technical perspective, the MACD histogram has been positive and is gradually getting longer, indicating that the bullish force is still strong. The KDJ indicator shows no golden cross or death cross signals, but the values are in the oversold zone (oscillating around 13), which often leads to a rebound. Divergence between price and volume suggests caution.
Based on the latest analysis data, here are some key levels to remember:
For long positions, consider setting up at 2963 and 3089, with a stop-loss at 3056. If you want to short, entry points are at 3303 and 3405, with a stop-loss at 3408.
Technical support is at 3020, resistance above is at 3303. The recent high touched 3391, and the low is at 3071. Within this range, 3303 is a critical dividing line—whether it breaks or not, you should have a clear sense.
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ImaginaryWhale
· 12-14 08:30
How can you play without volume? What's the point of a artificially inflated rise?
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ForkTongue
· 12-14 08:29
The volume is shrinking but it's still rising. I've seen this trick before. Be careful not to buy at the top.
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MemeCurator
· 12-14 08:27
Does the volume shrink while prices rise? That's awkward lol, feels like a fake rally.
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ApeEscapeArtist
· 12-14 08:21
I've seen this kind of divergence between volume and price many times before, it's a rebound trap, be careful.
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just_vibin_onchain
· 12-14 08:20
The trading volume can't keep up. This rally feels a bit hollow; it looks comfortable but something just seems off.
ETH 4-hour K-line breaks through high points, MACD bullish signals are strong, these price levels are worth paying attention to
【Crypto World】The recent 4-hour trend is looking pretty good. Compared to the same time two days ago, the price has clearly rebounded, not only recovering lost ground but also breaking through yesterday evening’s 8 o’clock high. Yesterday’s candlestick was a small bullish candle, closing above the open, which is quite interesting.
However, there’s a caveat to watch out for—the trading volume is shrinking. The price is rising, but the trading volume is decreasing, which is a bit awkward. The upward momentum seems to be weakening, so caution is advised.
From a technical perspective, the MACD histogram has been positive and is gradually getting longer, indicating that the bullish force is still strong. The KDJ indicator shows no golden cross or death cross signals, but the values are in the oversold zone (oscillating around 13), which often leads to a rebound. Divergence between price and volume suggests caution.
Based on the latest analysis data, here are some key levels to remember:
For long positions, consider setting up at 2963 and 3089, with a stop-loss at 3056. If you want to short, entry points are at 3303 and 3405, with a stop-loss at 3408.
Technical support is at 3020, resistance above is at 3303. The recent high touched 3391, and the low is at 3071. Within this range, 3303 is a critical dividing line—whether it breaks or not, you should have a clear sense.